The crop is not in the bin but the odds are real good for a good crop. There is no better cure for high prices than high prices.
Too many corn growers think that they will not have the same "low" price as everyone else.
How many have forward contracted or price protected their crop with options??? The better operators will have and many will not have.
There will be lower prices. The real issue is who will have a cost of production lower than what the crop will gross. Many will be looking at big losses per acre, with more than one year of lower prices.
Crop insurance will only save them for one year.
IT will be interesting to see how guys with multi year contracts for $500 per acre cash rents will pay the rent with $4 corn.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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