The Iron Bar story
- By: "Farm Tender" News
- Farm Tender, DelayPay & Farm Inputs
- Mar 05, 2023
- 467 views
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By Dwain Duxson
The Iron Bar story -- I am writing this one in advance as we had our FarmTender2023 - The business of Farming event today. I will give you a wrap-up next week sometime.
An Iron Bar is worth $100. If you made Horseshoes from it, it would be worth $250. If you made needles from it, it would be worth $70,000. If you make watch springs from it, it would be worth $6 million.
In Ag, we mostly sell Iron Bars. How do we get to sell Horseshoes, needles or watch springs? It's a great question to ask ourselves.
Farming is a complex business, and all our effort, and some, is channelled into Growing a Commodity. We do it well. But a bit of Horseshoe or needle money would be good. I haven't got the answers here, but the story is very relatable to Ag and where we sit. Food for thought stuff.
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