Howdyjabo":2sj03n4c said:What do you think will happen to cattle markets if the corn crop fails this year?
jedstivers":1ecpbmmk said:There's a old saying. Never bet against the American Farmer.
SRBeef":3iccv44a said:jedstivers":3iccv44a said:There's a old saying. Never bet against the American Farmer.
I would second that. Corn is also grown over such wide area in the US that there may not be a bumper crop but there will be a crop.
New corn seed genetics and corn methods and equipment also allow the crop to be planted later and in tougher conditions than most feel comfortable with and still get a crop.
The key is fall weather to get it ripe and dried down....
Jim
Pretty sure wheat acreage is up down this way as well as corn but even tho we have a lot of corn it's hardly a drop in the bucket when figured as a % of the US crop. Have heard of some farmers that switched from corn to milo due to several years of stress on corn resulting in high aflatoxin levels and discounted corn prices.Douglas":11j7t4wz said:I expect the southeast to not be any help with the corn crop this year. There is a large increase in the the wheat crop which will end up in soybeans. And cotton prices are so good and much less risk weather wise than corn. Our dryland corn yields are so much lower i suspect only irrigated land and heavy foothills areas would risk corn this year.
Howdyjabo":3afazj1x said:What do you think will happen to cattle markets if the corn crop fails this year?
Stocker Steve":6vwri982 said:Howdyjabo":6vwri982 said:What do you think will happen to cattle markets if the corn crop fails this year?
In this county that means more corn silage and low meadow hay. So there is beef cow feed available, but I think calf prices will take a hit.
dun":1rebklxp said:If the corn crop fails around here there are going to be a lot of bankrupt farmers. There is more and more good pasture and hay land being plowed up to plant corn.
May be doing beans here too. It's been too wet for anyone to do much other then the plowing and discing then the rains started again. Hay will still be easy to find around here but it will be crap. Just like ours that I can;t put up because of the weather. Everyone elses will be way past time by the time it drys out enough to do anything.vclavin":av6s9e8w said:dun":av6s9e8w said:If the corn crop fails around here there are going to be a lot of bankrupt farmers. There is more and more good pasture and hay land being plowed up to plant corn.
Same here but they are putting in soybeans instead of corn. Hay will be hard to find I'm afraid.
Valerie
How do you figure they will be bankrupt? What would cause that?dun":3m45wsn5 said:If the corn crop fails around here there are going to be a lot of bankrupt farmers. There is more and more good pasture and hay land being plowed up to plant corn.
Using land that's barely suitable for grass, cost of fertilizer, seed and fuel, trying to find someone that will harvest it. That all takes bucks and if the crop fails that's all money down the drain. If they borrowed the money to do it they will be peckeredmanitgotcoldhere2":3k0613tb said:How do you figure they will be bankrupt? What would cause that?dun":3k0613tb said:If the corn crop fails around here there are going to be a lot of bankrupt farmers. There is more and more good pasture and hay land being plowed up to plant corn.