Stocker Steve
Well-known member
I saw an article last week that covered the grain price booms of WWI, WWII, 70s, and then the ethanol based boom. Kind of a pattern there. The author did not see renewed high grain prices on the horizon. Maybe in the 2040s ?
In contrast, some ag web sites keep pumping up "the hope" that someone else will be drought ed out and then grains will rally, again. I am sure this will happen at some point - - but I just don't see going back to $7 corn as a reasonable expectation. Meanwhile, the experts at SGF have advised that we should be retaining all heifers (just a couple years late with this nugget) because that is where the most $$$ are. :nod:
I had an irrigated crop farmer tell me last week that his only profitable cash crop this year was alfalfa, and that he could hang on because he was not renting and all his land was paid for... Are you seeing farmers in your area walk away from the round up recipe to covert "crop land" to forage, or are they just hunkering down and trying to cash flow?
In contrast, some ag web sites keep pumping up "the hope" that someone else will be drought ed out and then grains will rally, again. I am sure this will happen at some point - - but I just don't see going back to $7 corn as a reasonable expectation. Meanwhile, the experts at SGF have advised that we should be retaining all heifers (just a couple years late with this nugget) because that is where the most $$$ are. :nod:
I had an irrigated crop farmer tell me last week that his only profitable cash crop this year was alfalfa, and that he could hang on because he was not renting and all his land was paid for... Are you seeing farmers in your area walk away from the round up recipe to covert "crop land" to forage, or are they just hunkering down and trying to cash flow?