Unfortunately if everyone gets adequate rain and has a good/great crop, prices will plummet and almost everyone will suffer. Those with better marketing skills will have presold or hedged, will escape. Unfortunately that is the scenaro when you are given a price for your product rather than setting a price. With the current system it is better to have crop insurance and have some significant areas fail each year. The failed areas can collect insurance and the others sell a large crop at higher prices. It would be great if somehow we could rotate the drought areas to even out the good/bad years but someone else controls that issue and those with irrigation would screw up that idea. So until the market demand catches up with our ability to produce, it remains fortunate for many that unfortunately everyone doesn't have a great crop. I've also had too much rain and some corn will be over 200 bu/acre and some (too much) more like 50.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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