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This article was from 2018, and mentions low commodity prices. Now it's 2022 and one of the world's largest wheat producers, Ukraine, has gone offline. I'm sure
by FooBarBizBazz 4y ago
This article was from 2018, and mentions low commodity prices. Now it's 2022 and one of the world's largest wheat producers, Ukraine, has gone offline. I'm sure consolidation is going to continue to be a theme in Kansas, that independent farmers are going to continue to get driven out -- but for the next few years, I do not expect wheat prices to be low. If anything, they'll be high enough to set off political instability in many food-importing countries. That was one theory for why the Arab Spring happened, and this looks to be worse. So there might be a morbid kind of boom time in Kansas, for the few who are still standing today.
- givemeethekeys 4y agoBill Gates and his large farmland purchases paid off bigly.