Posted by NY 986 on May 25, 2017 at 16:55:51 from (184.53.49.243):
In Reply to: Re: Corn is up posted by Adirondack case guy on May 25, 2017 at 15:55:31:
There is some corn that has been in for a few weeks but quite a lot yet to be planted. As stated the weather looks poor and will continue to be poor for a few more days at a minimum. It would not be so bad but we no longer see the pattern of a poor year or two followed by a few good crop years. 2014 was an OK year but we had the hard droughts in 2012 and 2016 and really wet in 2013 along with 2015. Too many years like this is going to break my back financially. Even with crop insurance if you are at around 70-75 percent coverage and harvest 70-75 percent of normal you still lose on unrealized yield that the insurance does not catch. I don't know of too many guys who can run on 75 percent of normal year after year without an excellent non-farm income.
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