• The_v@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    9 months ago

    AG 101 “How to lose money on corn”

    1. Rent more land than you own.

    2. Buy the cheapest seed you can find to “save money”

    3. Grow the corn non-irrigated

    4. Use custom operators to fertilize, plant, spray, and harvest but minimize what you put down to “save money”.

    5. Gamble the entire year on the commodities market selling your crop.

    Even with subsidies this is a recipe for losing money. These “farmers” tend to consistently lose money until they eventually go under after all the equity in the land they own is gone.

    • Ann Archy@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      9 months ago

      My dude, what lemmies are you subbed to? I want to discuss these things somewhere, can’t find anything reasonable.