I don't have to explain why you may be feeling poor these days. The following two charts probably explain it all. The first is the best known agricultural ETF called DBA. DBA reflects a broad basket of agricultural commodities, such as corn, soybeans, wheat, sugar, hogs, cattle, coffee, cocoa. It made an all time low today.
Looking back to 2007, you can get an idea of why the math has become so much harder to make work on the farm in recent years.
DBA's counterpart ETF is called JJG. JJG is an equally weighted grain ETF which tracks corn, soybeans and wheat only. While it has yet to make a new all time low, it is not far away from it.
This is why I am looking to other more aggressive trading strategies to help create value in basic ag commodities, such as three way spreads, selling puts and synthetic positions. If you are selling at the bottom third of the market which statistics show most farmers do, its going to be tough to make sales at profitable levels.