posted on Dec, 22 2016 @ 11:43 AM
originally posted by: TrueBrit
a reply to: Natas0114
See, thats just bloody stupid.
Handling animals from newborn to adulthood, learning how to assess the status of a crop, learning about leaving fields fallow long enough that the
soil is not damaged by over burdening the nutrient level in the soil, learning about the seasons and why they are important to agriculture, true
outdoorsmanship... that sort of thing should be the only thing an agriculture class ought to teach. Farming is not so special that it needs its own
version of economic education to make it function. There are business studies classes which can handle that.
You don't know what the hell you are talking about.
Ag economics IS vastly different from running a retail business. First, there are ZERO advertizing costs. Second, livestock management succeeds or
fails not on your profit per unit, but on "replacement cost." What matters is not that you bought calves at 300 lb and grew them to 870 lb at a
dollar a pound, but the replacement cost of buying steers next year. In agribusiness, rising prices this year indicate rising COSTS for next year.
The farms that use hedging contracts are the ones that survive sudden price shocks in the cash market. Farmers who just carry the money from one year
to the next in a checkbook are the ones who get taken out when ag prices hit all-time highs. It's what happened to family farms in the US in the
1980s. The small family farms that didn't use sophisticated 'marketing' are out of business now.
All of the venders, from tractor sellers to fertilizer and grain merchants, use sophisticated equity instruments. If the Farm manager doesn't
understand the principles of ag finances, they last about 3 years in the business.
So, for people going to work in the industry, it is probably the most important "vocational tech" class offered by that school district.
on 22/12/2016 by redempsh because: (no reason given)