Isn't it La Nina and El Nino ?
I don't think ELD will be in the same position even after 2 years of drought. The streamlined business will be far better controlled. Not saying earnings won't be stressed but there are major structural problems that have/are being addressed.
I grew up in the country and people are forever predicting the sky is going to fall in on farming. They probably were in the 1920's. Things will keep changing just like any business, the real question is whether ELD can also adapt.
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