Posted by Deere Scotty on April 01, 2014 at 12:17:30 from (50.151.74.125):
In Reply to: Corn prices? posted by DeltaRed on April 01, 2014 at 11:51:52:
The news in my area has trouble predicting next week, let alone 2, or 3 months down the road. 2 years ago where I am at it hit low 80's the last week of March. People were planting corn before April 1st. The earliest should have been April 15th. The Spring was pretty dry; then early summer very dry with record high temperatures. All of the sudden in mid summer the temps fell to normal lows, & the rain broke out above normal. The people that planted too early were hurt the most in yield because the cobs were forming in 100 degree weather with no rain for 7+ weeks. The price skyrocketed, some Fuel processing plants closed which caused the price to fall. ND oil drilling was going boom which caused $'s to fall. I don't know how anybody can keep up with it.
The really crazy part about it is Farmers normally make more money in a bad year; than a good one. Last year was a much better year (weather & yield wise), & farm income fell 27% on average. If a car dealer has bad year; then its bad in the wallet too! Farming You never know! The guy who planted on March 28th that year had 10% crop yields on corn. I planted the first field May 1st due to rain, & had 65 - 70% yield.
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