Positive signs but remember food is a commodity
The rest of the country is slowly waking up to the potential of agriculture. In an effort to focus on the positives in our economy, financial guru Eddie Hobbs had a well-known US investor, Jim Rogers, on his radio show last week.
Mr Rogers made vast fortunes in partnership with George Soros in the 1970s by focusing on investing in commodities. The US billionaire now says that the golden era for the financial sector or "money shufflers" as he calls them, is over. He predicts it will be better to be a farmer or miner than a banker or MBA-type in the years to come.
Like so many other investors, he believes that producers of food and other commodities are going to be the winners in a world that is increasingly scrambling for ever scarcer natural resources. He adds that the longer the sceptics believe that the current buoyancy in commodities is just a temporary spike, the longer this bull run will last.
Farmers have heard all this before.
Despite a constant slew of facts and figures about increasing global populations and rising demand for food during the past 10 years, producers saw their prices stagnate or even fall in real terms. It confounded logic until the recent turn-around in farm prices.
Now optimism abounds in agriculture, as evidenced by the 3:1 ratio of student applicants for agricultural college places.
But the memories of 2009 and the milk price slump, along with poor grain, beef and lamb prices are still raw. The last time food prices began to rise steeply in 2007, we were told that we had entered a 'new era' for food prices. It didn't last long.