Wednesday, December 1, 2010

Rats

If you burn down an old building to get rid of the rats that infest it, the rats will simply move to another building and start to destroy it. Any farmer knows this. And it is not hard to see this happening in our current economic situation. Corn and soybean markets zoom to unheard of highs in the midst of a steady barrage of news of good crops nationwide, good evidence of the increasing influence of people who prefer to let their money do the working(otherwise known as speculators). Land prices in our area have pretty much doubled in the past two or three years, from three thousand to nearly six thousand per acre as refugees from the softening stock market buy land at any price.

The next generation of farmers,which was at severe risk at three thousand/acre already is the first casualty. Also on the chopping block is any new or inovative farming practice. It seems as if the one viable economic alternative right now is to farm just as the government wants so that you can stay closely attached to the subsidy teat, while desperately hoping that the commodity prices stay up.

But my lifetime experience has been that I never came close to succeeding with this farm until I gave up following the standard practice. I don't think more emphasis on corn and beans is an appropriate response to six thousand dollar land. It is simply to retreat further into a cave from which there is no escape. And make no mistake about it, that "cave" is no natural structure, but rather an elaborate trap constructed by the agricultural and financial powers that be.

Over priced land and speculator driven commodity markets are just two more evidences of the failure of our democratic government to protect us from huge economic power. The last election delivered government power more completely into the hands of the Wall Streeters. So we are on our own, whether or not we are ready for that role. While the wealthy sector continues to buy us up, the republicans will try to do what they always do, which is to talk a good game about getting the government off our backs while they do everything in their power to tilt the table toward the largest businesses and banks in the nation. We are in for an accelerated move toward less regulation of the powerful and more regulation of the small. The fact that the Pork Producers group dropped its support of the Food Safety bill being discussed in Congress when the Tester amendment, which would exempt from increased regulation small marketing efforts (500 thousand annually or less) was added is all the evidence we need of things to come.

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