Comment by bluGill
6 hours ago
What is a reasonable price? Hybrid seeds at 3x the price of traditional seeds could well be a great value because at the end of the year you get that much better of a crop.
Of course you have to pay for the seeds up front and get the reward at the end of the year. Investments are like that, a lot of poor farmers could spend 4x their current annual income on modern technology (seeds, fertilizer, tractors) and at the end of the year have more money left over than they had the previous year - but of course they need to get to harvest to get all the money. Worse there will be bad years where they lose money - it works out on average over 20 years but the individual years can be a killer if you start in the wrong year.
>Worse there will be bad years where they lose money
Everyone complains about farm subsidies/insurance in the US (well at least that's not a farmer), but this is the reason they exist. Farming is hard.