Posted by paul on July 20, 2012 at 10:16:19 from (66.44.133.112):
In Reply to: Re: New Farm Bill posted by sourgum on July 20, 2012 at 09:26:00:
We had a hailstorm go theough 2 miles north of me. Was 5 miles by 35 mile swath, huge deal. Mid June. Didn't hit any towns over 1000 population, so no one even knows it happens - you know how that goes.
Anyhow, lot of fields devistated, esp beans. Lot of corn 50% or less too tho.
The message over and over and over. Don't replant the beans, don't replant the beans. Any yield you get off those acres, just gets deducted from your payments. If the hailed off beans produce 5 bu, then you get paid for 40 bu loss. If you replant, and get a 35 bu yield from the replant, you get paid for 10 bu loss.
Prevented planting was big last year, a lot still this year. Without PP, those acres would be in beans and would be giving 1/2 - 2/3 of a normal yield.
I understand it makes no difference in the fried out land, nothing going to grow there.
But in the big picture, the farm program insurance deals lower the number of harvested yields.
The protect farmers $$$ wise, but the farm program no longer tries to ensure the best harvest ee can have.
Some of the balance has been lost.
No I don't want to return to the grain reserve program days, then the balance was eay off in the other direction....
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