Dad was at the FSA office a couple weeks ago and although it hasn't been officially announced yet, they are preparing for the upcoming "farm crisis." They predict the official announcement will come in another 5-6 months.
I'm wondering if the current banking situation should be a good roll model for those who want to "go big." Most of the little banks are healthy and doing well since being small doesn't lend itself to the inefficiencies of the larger institutions.
Even though they are predicting prices to be in the hole, I just don't know anymore. If the big guys controlling the hedge funds decide to throw some money around, we could see $9 corn this year. On the flip side, if "investors" pull out of commodities, corn could be $1.50. I'm not sure I'm like being the puppet in the hand of the greedy. It seems the game has changed for farmers.
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