Uhm Leg the only reason their is no money, is due to the fact that most governments are more willing to pony up money to ship food out of their country, but are very unwilling to feed the poor in their own country. So if you paying to ship grain across the world, but not willing to ship grain around the corner... Priorities are all messed up.
Next thing I grew up in region Michigan that use to be field after field of corn, soybeans, and wheat when I was growing up. This was 30+ years ago, now many of these location are suffering from urban blight due to overgrowth of Lansing-East Lansing and Jackson area, or are now bedroom communities. In many cases for many years the farmers were paid not to grow crops. Of course, their payment were on lower than if they had grown crops, but at the time there was so much overage in an average year they probably end up breaking even or or less. The payment not to grow was money in the bank, and you didn't have wear and tear on equipment either, less of payroll, etc. As lot of these town expanded, some of these farmer made a killing selling portions off their land at time for much higher price than it was worth if they continue to farm it. Gave lot of older farmers a nice retirement fund. While other sold their farms that had been in the family for some over hundred years to corporate framers who were paying lot less for the acreage, but again lot of the older farmer just wanted to get out from under everything.
The recent Housing bubble burst is replay of the Farmers who had gone busted in 1980s and lost family farms after farm due to foreclosures. Ironic that some of these locations are where many of the houses that were prices out of their mind prices are being foreclosed on.
Just some observations.
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