Damns, the gorebal worming folks can’t seem to catch a break.
Aren’t we supposed to be seeing failing yields and hungry citizens about this time in the end of our planet?
The criminal trio of hussein/holder/jarrett continues to destroy the economy. It’s not by accident but is a deliberate program to reduce American to a Cuban-like third world socialist cesspool.
Lack of rail capacity for agricultural ships - thank the Ogre from Omaha (formerly known as the Oracle from Omaha) ....
They need to get grain their grain processed enough at the farm to make it much more durable. An awful lot of research is being done in this area.
Truthfully, a way around the problem might be for government to ease off its ethanol production restrictions, which are the flip side of ethanol fuel production.
That is, an ethanol plant is a weird thing, with government inspection stickers all over the place, adding a huge amount of cost to making alcohol. And there are those stickers all over the alcohol pipeline until it meets the perimeter fence of the plant. On the other side of the fence, nothing. It is just fuel ethanol in a pipe.
So if the feds allowed ethanol production as long as it conformed to state health and safety rules, these surplus crops would vanish. That is, instead of needing a railroad to transport the crop, the farmer could do it himself in a truck.
I'm kind of in shock but glad I have crop ins price supports, looks like $4.62 for corn and $11.36 for beans.
Last year prices were higher but it was a bad forecast for me then, too; I hung on for awhile and cash bids got a lot better. My small town coop prices are a lot lower than futures at the CBOT, but it's about my only good option.
Part of the problem are sanctions on Russia and the expected bumper crop. Next year is projected to be about the same.
None of mine is harvested yet. Small operation 100 ac corn; 73.2 ac beans this year and I share crop 50-50. Expenses are high. Is it worth it? Yes, so far.
That’s what a bumper crop always does.
Farmer from church has a picture of his yield monitor @ 300 bu. Understand that is not unusual for Illinois this year.