With competition for corn growing and drought continuing to stagger the Corn Belt, this week’s online poll question asks: How high will corn prices go this fall?
is the insurance going to purchase feed for the cattle r food for the table when the effects of the corn crop is known?
NO, We can't afford enough insurance to pay for all. better sell the herd
The number one thing that keeps this world spinning around is the United States farmer. Who else would have the cunning logic or stupidity to endeavor as we do. We plant crops ever year putting maximum inputs in for maximum returns, and more often than not we don't get the return we hoped for. When we do land, equipment seed goes up next year, but we do it again because its what we love we have a passion. The rest of the world complains about there jobs I don't think we should join them.
We are burning up - corn is at least 50-75% loss. No hay, no pasture. Wells are dry - hauling water. Not sure what/how to get through the winter economically.
We feed Wet Distillers and have adjusted well to the Ethanol situation. However it is time to stop Ethanol production ASAP and quit wasting food. Drill for oil already and quit messing around!!!
I agree with this person. Get on with the production of oil stop the ethanol production
The general public doesn't have a clue, nor do most politicians. It might take awhile for beef, pork and other foods to get expensive. But, as soon as the number of sows and the number of cows is diminished to fit the feed that is left and corn gets to $10 or so to ration it to its best use (hoping the politicians don't think they are smarter than the market) food will become very expensive.
I don't think the general public has a clue how serious this crop is hurt !
We have more twenty bushel corn than fifty bushel . Dont have any that will make more than fifty to sixty. Beans are really taking a hit now as well the pastures arejust about burned up. Forcast does'nt hold much hope.
It may hit the $8 level but think it will not stay as demand abroad I feel will taper off at those levels. I'm planning on only retaing half of placements as normal and growing them out with much less corn.
i grow 200 A of corn and this year it is a total loss so where the price lands is of no consequence except for the insurance.
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