Well I guess feedlot pen riders are all just a bunch of mindless drones working in a soul-killing occupation in all those CAFOs that depend on cheap subsidized corn produced using too much nitrogen that flows into the Mississippi Delta and causes the dead zone. Pretty grim outlook. Didn't know it was so bad. Not a word about conservation, soil testing, GPS application of chemicals, waste management plans, etc. that the whole regulatory environment controls.
It all boils down to cheap energy. We saw that when fuel went to $4/gallon shipping costs started exceeding the value of the product being transported. Makes sense to shop local when that happens. The other issue is the whole farm subsidy and price support programs. These distort the entire market. However, the farm programs have now been capitalized into farmland values. If the farm programs disappear without a mechanism to pay for the huge loss of value in land, the financial wreck would make the mortgage crisis look like peanuts. Something is going to break at some point, and I think we will start to see it if energy starts to cost over $4 to $5 per gallon over a sustained time period. As usual, Time barely glossed over the issue.