Exactly my point goon. But I am staying because I see that the energy market although our biggest threat at the moment, is the only thing that will force grain futures to rise. Next year you will see a serious reduction in global food volumes as fertilizer use moreso in poorer nations is reduced. You know have energy markets staring to buy cheap grain for ethanol and biodiesel production. And all of the sudden global food security becomes a concern.
I for one want to be farming when that happens for I can see grain futures rallying significantly to levels never before contemplated. Governmental policy (subsidies) will no longer be able to keep grain cheap. For one they are costing the EU and the US far too much money at a point where the economic grind is forcing resentment from city people towards rural subsidies!
So I won't sell but I won't invest in farming either until profitability levels change either. Farmers with off farm interests will be in the box seat going forward. The world has to eat and know it wants to use food to make energy! Makes no sense from an energy perspective but it forces the value of grains etc to their energetic equivalents. If oil rises, so too should grain! I'm young and I am patient! Good luck in your post farm life! It is a shame our society is not worried by the trend that drove you to 'greener' fields!
