dbltree
Super Moderator
Seems like corn has been +/- 2 bucks most of my life so when it hit 4 dollars I at least took notice.
Corn Futures
Now with the massive flooding we're looking at 8 bucks a bushel. Might be good for those with a good crop but I think our economy overall is going to take a big hit in everything from food to fuel prices.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Estimates are that 5 million acres across the Midwest have been ruined and will not produce a crop this year. </div></div>
I also wonder how much CRP will be pulled out or emergency measures taken and how land prices will be affected. Paying a farmer to "leave a few acres standing" this fall would seem out of the question now, although it might be possible to rent some flooded out ground to plant some brassicas or cereal grains on this fall.
Flooded out crop ground left barren this year could change some deer movement and patterns for some of us which may be a plus in some cases.
One thing I know for certain...I'm glad I'm not buying grain for a couple 4-H steers this summer... /forum/images/%%GRAEMLIN_URL%%/wink.gif
Corn Futures
Now with the massive flooding we're looking at 8 bucks a bushel. Might be good for those with a good crop but I think our economy overall is going to take a big hit in everything from food to fuel prices.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Estimates are that 5 million acres across the Midwest have been ruined and will not produce a crop this year. </div></div>
I also wonder how much CRP will be pulled out or emergency measures taken and how land prices will be affected. Paying a farmer to "leave a few acres standing" this fall would seem out of the question now, although it might be possible to rent some flooded out ground to plant some brassicas or cereal grains on this fall.
Flooded out crop ground left barren this year could change some deer movement and patterns for some of us which may be a plus in some cases.
One thing I know for certain...I'm glad I'm not buying grain for a couple 4-H steers this summer... /forum/images/%%GRAEMLIN_URL%%/wink.gif