The Uber Farmer

Last week, the Freakonomics podcast did a piece that reminded me of a DTN column I wrote back in March:

https://www.dtnpf.com/agriculture/web/ag/news/article/2016/03/16/uber-farmer

Uber is such a visible, tangible demonstration of pure economics in people's daily lives, and it's a great way to point out that commodity production is only motivated when prices are allowed to rise freely, and commodity producers need a mechanism to push back against unprofitable prices. (Cough ... corn and soybeans.)

Try summoning an Uber on a gravel farm road.


Elaine Kub is the author of Mastering the Grain Markets: How Profits Are Really Made - 
a 360-degree look at all aspects of grain trading, which draws on her experiences as a futures broker, market analyst, grain merchandiser, and farmer. Before earning an engineering degree from the University of Nebraska - Lincoln and a Masters of Business Administration from the University of California San Diego, Kub grew up on a family farm in South Dakota, where she is still active in grain and livestock production. 

 

As well as sharing her ag market insights on television and various farm radio programs, Kub also focuses on quantitative analysis in a regular column for DTN The Progressive Farmer.

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