Ag Economy Enduring
Ag producers…lend me your ears…the economic forecast is good for hundreds of years. Sorry for the lame attempt at poetry but it was inspired by a great line written in the Idaho Press.com. “You can't shut down a cow or a wheat field like you can a factory, real estate business or bank. The Treasure Valley's agriculture players have continued churning out wheat, meat, milk and other essentials as other industries stumble through their biggest slump in decades. Profit margins may be down because of softened worldwide demand during the recession, but employment numbers remain stable, according to Boise State University economist Don Holley: “In terms of providing employment, it’s a very stable source because once you get the process going, it’s very difficult to shut it down. You can’t shut down for a week, you don’t shut down for a few days and then open back up. You gotta keep the thing going. The banks recognize that so agriculture keeps plugging ahead. The downside is that the farmer sees great fluctuations in earnings. Do you think the ag economy is safe for a while? It has existed for hundreds of years and will continue to exist for hundreds of years.”
 
 
 
 
 
 
						
 
											 
												 
			 
											 
											 
											 
											 
											 
											 
											 
											