Between 1993 and 1996 we had similar high grain prices, but we had a 65ยข dollar. That allowed our predominantly export-driven meat industry to weather that storm and pay the higher price.
I'm going to use a little analogy. My father used to say that high feed prices used to make farmers the most amount of money. In other words, the trend was that you were paid more for meat when you had to pay more for your input costs. In the past that was true. It is not true today, and that's part of the perfect storm you're talking about.