Speaking of farmers taking risks. A friend of mine, who I worked with in Australia and is now a chem rep in Western Australia, sent me this story this morning.
http://www.news.com.au/perthnow/stor...2-2761,00.html
Quote:
A WA grain grower is about to take the biggest gamble of his life by planting a $10 million crop - thought to be Australia's biggest ever - in a bid to beat the drought.
Merredin-based John Nicoletti agreed he was “throwing the dice” in planting the monster crop but was confident good rains could see a return of up to $40 million on his 100,000ha harvest.
“This is a big gamble and it all depends on the rain gods,” Mr Nicoletti said.
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Quote:
Mrs Nicoletti said her family were not farmers, instead preferring to call themselves primary producers.
“I came from a farming background in Italy,” she said.
“In that 30 years farmers have become clever business people.
“Wherever you go, financiers and bankers, farmers are not perceived as clever business people and I don’t like it because to survive in the farming industry these days you have to be clever.
“There is a stigma attached to the word farmer.”
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