
The only thing worse than having three economists who disagree each other is having three economists who agree with each other when the outlook is bad.
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The only thing worse than having three economists who disagree each other is having three economists who agree with each other when the outlook is bad.

What you all are trying to point out to me is that I cannot simplify it into this phrase that I am looking for.

Does that translate into success in the communities that Senator Tester described, his hometown, my hometown?

When a farmer tells me, why don't we just take care of our own selves, take care the United States, kind of my standard reaction sometimes is, what 40 percent of acres in Kansas do we no longer want to farm?

It is not that there is not demand for CRP acres. It is that they were capped.

A lot of producers remember the 1980s, so as to not want to repeat it.

I remember, Colin, in the days of trying to open the Japanese market to all meat products that the argument, the explanation, the insistence for getting that accomplished was that our highest quality is in great demand to Japan.

I would remind ourselves that while we started down the path of a bright future, in the absence of that opportunity to hold things together in down times, the ability to take advantage of the great times that may follow disappears.

Colin, last question. I was mentioning about the $500 reduction in the feed yards.

We work hard at caring about all of agriculture.

As Senator Moran said, we might expect things to change over time.

But a common question of me as a Member of Congress is, why has the input cost not diminished as rapidly as the underlying price of oil?

I think maybe it was you, Dr. Johansson, said that the input costs have not diminished in a comparable way.

I would describe it as a much more dramatic decrease in commodities or farm income.

That answer reminds me of the question about consolidation, fewer farmers farming greater acres.

The comparison between now and the 1980s, the days that we all remember with such disdain, such fear, it is different.