Vaniver comments on Vegetarianism - Less Wrong Discussion
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So, new American tractors are now satellite-driven to ensure they don't take the same path, in order to decrease the amount of soil they kick up and erosion that happens. I find it unlikely many American farmers are oblivious to these issues.
That's pretty cool.
Part of my reply to Vladimir addresses your question; I think [North] American farmers aren't all that oblivious, but I suspect that they are still more optimistic than they ought to be. 20 years also might be too short a time window; 50 years might be more appropriate, and the problem still remains.
If nothing else, psychology tells us that once we start talking about a 50 year time window, we should have a very high prior for people being overly optimistic and insufficiently discounting future costs.