Re: $10 corn, $20 beans??

Posted by paul on June 13, 2008 at 21:11:42 from (66.44.132.59):

In Reply to: $10 corn, $20 beans?? posted by tractormiallis on June 13, 2008 at 20:02:55:

Minnesota was very wet & very cold this spring. We still have had few if any 80 degree days. I have nothing to complain about, could get near an average crop, if it dries down & warms up a little. But there is _no_ record crop out here in Minnesota, there are too many wet holes & unplanted spots. Last year the corn was knee high on June 4th & tasseled July 6th.... This year, today, corn is still in the 4-5 leaf stage, couple inches tall. There will be no record yields, we can still hope for close to average.

Indiana & Iowa are hit with severe flooding, they are both high yielding states,s o their loss will be deeply felt.

We have had bad flooding back in 1993, and other years. But that is often snow melt to start with, and happens in early May. We have time to plant - at least soybeans - then. This year, the flooding is mid-June. Too late to plant more corn & have any yield, so corn is pretty well set - what is is what will be.

I personally feel we will get lots of soybeans yet, tho it is quite late to plant, will be reduced yield but may be many more acres than expected....

Practically, it all comes down to how August is. It it is too dry, too wet, or too cold in August, we will have a real poor crop all across the country. That is a little scary.

If we have a better than average fall, a lot of crop will recover some, and these prices will drop, yields will get closer to average.

My fear is the govt will step in and 'do something' to lower food costs.

this would be a disaster. You would get instant farmers out of buisness, you would depress the only segment of the ecconomy that is booming, you would have little reason to grow any crops at all in 2009 - what would we eat in 2010?????

These grain prices will have enough problems in the USA and the world. Artificially lowering them by govt action would be an even bigger disaster long term.

--->Paul

Replies:

• Re: $10 corn, $20 beans?? Mike (WA) 07:48:41 06/14/08 (0)

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Optional Video Title: Optional Video URL: Advanced Posting Options Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.   Advanced Posting Tools   Upload Photo  Select Gallery Photo  Attach Serial # List  Return to Post

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]