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<blockquote data-quote="hally" data-source="post: 5869800" data-attributes="member: 10817"><p>Surely food production is far too important to be left to the whims of governments, economists, commodity traders and so on. Most european governments have realised that farmers feeding 500 million people cannot be left solely in the hands of commodity markets and so most of them have some mechanism to protect those farmers through periods of unprofitabity often caused by issues out of there control such as weather, disease or periods of oversupply.</p><p>It is simplistic and naive to compare agriculture with a lot of other industries because of its long term nature, you simply cannot turn on and off livestock production to match demand as can be done with most other industries. You commented the other day that if you are losing money get out as if that was an obvious answer, but what about the dairy guys a couple of years ago when a lot were losing money, should they have all sold up and we would be left with no milk at all? Most of us actually involved in farming on a day to day basis realise that producing a commodity is marathon not a sprint. Some years you lose some you win some as it is all over the world.</p><p>Other areas of the world have a different outlook but very few have the population density of Europe, so with small populations and more land there is less of a risk getting the food supply wrong. Somebody with a full stomach may have a lot of problems but if he is hungry he will only think about one.</p></blockquote><p></p>
[QUOTE="hally, post: 5869800, member: 10817"] Surely food production is far too important to be left to the whims of governments, economists, commodity traders and so on. Most european governments have realised that farmers feeding 500 million people cannot be left solely in the hands of commodity markets and so most of them have some mechanism to protect those farmers through periods of unprofitabity often caused by issues out of there control such as weather, disease or periods of oversupply. It is simplistic and naive to compare agriculture with a lot of other industries because of its long term nature, you simply cannot turn on and off livestock production to match demand as can be done with most other industries. You commented the other day that if you are losing money get out as if that was an obvious answer, but what about the dairy guys a couple of years ago when a lot were losing money, should they have all sold up and we would be left with no milk at all? Most of us actually involved in farming on a day to day basis realise that producing a commodity is marathon not a sprint. Some years you lose some you win some as it is all over the world. Other areas of the world have a different outlook but very few have the population density of Europe, so with small populations and more land there is less of a risk getting the food supply wrong. Somebody with a full stomach may have a lot of problems but if he is hungry he will only think about one. [/QUOTE]
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