Part of this is the rise of the middleman and the demonization of farmers. In 1950, a kid getting an ag degree and becoming a farmer was lauded, and he got 40% of every dollar of food he sold.
Now, farmers are the butt of jokes, and even the best commodity farmers only get 9% of every dollar they sell.
Part of this is the rise of the middleman and the demonization of farmers. In 1950, a kid getting an ag degree and becoming a farmer was lauded, and he got 40% of every dollar of food he sold.
Now, farmers are the butt of jokes, and even the best commodity farmers only get 9% of every dollar they sell.