4 ms·
> Just a 10% increase in production in the US alone And how does that happen? Be very specific and quantitative. For example, which land gets planted that is
by anamax 4y ago
> Just a 10% increase in production in the US alone
And how does that happen? Be very specific and quantitative. For example, which land gets planted that isn't planted now. Or, which crop gets replaced. Where do the inputs come from and how is that paid for? (Be sure to include equipment.)
Bloomberg notwithstanding, US farmers are actually fairly technically sophisticated. They're also money driven and competent.
- junofan 4y agoFutures? This is what they’re for. Agriculture deals with shocks all the time. Nobody’s going to give you a centrally planned rundown.
- anamax 4y agoFutures is just how farmers could pay to produce this extra 10%, assuming that everyone involved believes that farmers could deliver at less than the "raised" amount. Futures doesn't address any of the "how do they actually do it" issues that I raised.