03-27-2024, 01:22 PM
(03-26-2024, 02:55 PM)danbrotherston Wrote:(03-26-2024, 02:10 PM)Rainrider22 Wrote: Just for some perspective, Soybeans fetch an average of 1.00 a pound or 2000.00 per ton. average 9 to 10 tons per acre is 18 k to 20 k / acre. Still make more money in two years than the cash being offered. Mind you, you have overhead That is an entirely different story... seed, fuel, fertilizer, taxes, equipment costs. crop insurance etc, Farmers make good money on that land... Again, just pointing out some numbers. Overall, like I said, it would likely benefit many more people to be made industrial than remain agriculture.
"More people benefit"...it's basically impossible to quantify the "benefit" of being more self-reliant by growing more food locally and on productive land. I don't think that's something you can attach a dollar value too, which is why it is so easy for politicians to sell this, in today's world, largely ephemeral benefit for some jobs.
Sadly, most of the soybeans grown in Canada are for cattle feed only, not for people.