The crop is not in the bin but the odds are real good for a good crop. There is no better cure for high prices than high prices.
Too many corn growers think that they will not have the same "low" price as everyone else.
How many have forward contracted or price protected their crop with options??? The better operators will have and many will not have.
There will be lower prices. The real issue is who will have a cost of production lower than what the crop will gross. Many will be looking at big losses per acre, with more than one year of lower prices.
Crop insurance will only save them for one year.
IT will be interesting to see how guys with multi year contracts for $500 per acre cash rents will pay the rent with $4 corn.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather�s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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