A couple of weeks ago, I pointed out that despite all the talk of a farm labor shortage last summer, American farms had an amazingly profitable year.
Net cash income rose from the record high in 2010 of $99.4 billion to a new record high of $134.7 billion. That’s an eye-popping 35.5 percent profit growth! (Read more:More Data on The Phony Farm Labor Crisis)
I pointed out that in some of the states that had been repeatedly said to be facing a labor shortage—California and Washington, for example—profit growth was even higher. Washington farms saw profits grow by 58...