As they eyed the line of trucks waiting at the scales, the sole owner and manager of an imaginary Midwest elevator, Dave, says to his son Gary: "It seems like yesterday when country elevators were selling for 10 cents on the dollar — couldn't hardlygive 'em away. Guess that was six or seven years ago, though. Now it seems like everybody's expanding, and I read last week about a couple of big companies buying some country elevators and planning to overhaul them. Maybe we need to sit down and evaluate our- situation; nobody's called us about selling." This is a great time for agriculture. Foreign production of coarse grains doesn't match consumption (see Chart 1), even with production growth in the former Soviet Union, South America and other countries.
展开▼
