How agriculture works thread

   / How agriculture works thread #471  
I see new crop non contract prices took a steep dive yesterday. That coupled with the huge increase in fertilizer costs (46 granulated jumped almost triple the cost per unit, not sure about AN as I don't use it), is putting a major hurt on row crop farmers. That and the cost increase of ORD. Viscous circle that ultimately the end users (consumers) pay for in increased food costs.

I was at Walgreens yesterday to pick up some gauze and I see the baby formula shelves were basically empty. Wonder where mothers are getting formula at? I thought that issue was handled. Guess not.

Rain gauge here showed about 1.5 inches, Problem is, it's too late for the wheat. Might be helpful for the corn if, and I say if we get some more precip.

Least I don't have to water the garden for a while.
Neighbor called me yesterday and said he's expecting a shortage of DEF. Doesn't surprise me. In my opinion it's market manipulation. If the media joins in, it'll happen for sure and the price will rise.

I'm very worried about our row crop farmers this year. They have a tremendous amount of money committed to their crop. The higher market prices for product will be consumed by their rise in input cost. So they are right back where they were when corn was $3. Gotta have yield.
 
   / How agriculture works thread #472  
I see the baby formula shelves were basically empty. Wonder where mothers are getting formula at?
What I've been wondering; "Where did they get it 100 years ago?"
 
   / How agriculture works thread #473  
   / How agriculture works thread
  • Thread Starter
#474  
This is a marketing video but still kind of good.
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Kinze’s story of innovation with grain carts, planters, and Ag technology – and skirmish with John Deere along the way! Don’t miss this short documentary about how a family owned American company became a leader in Ag.
 
   / How agriculture works thread #475  
We got 1.6" starting at 0400 this morning. Ended at 0830. Driving home yesterday afternoon I noticed 90% of our corn fields have burnt tips on the corn leaves.

Hard to put a $ value on this rain. It would certainly be Multi-Billions of dollars in my County alone.
We were getting extremely dry until a day ago. Then we got 2.25" early in the day and 2.20" later in the day. Then we got another .62" the next morning or a record rainfall. The parched crops and laws instantly rebounded with corn growing a few inches overnight. Now we've got another inch or so coming tomorrow.

The result of all this corn belt rain is that corn went from nearly $8 a bu down to just over $6 in just a few days. Oh, all the rain we got swamped the sweet corn and then some big winds blew a lot of it over; sigh. When it rains, it pours.
 
   / How agriculture works thread #476  
From the Mother's Breast? :sneaky:
Do ya think!! ;) Also, how many parents warmed milk and filled bottles in the middle of the night, to quiet a crying baby?
The baby formula shortage as a crisis is one thing that I can't fathom.
 
   / How agriculture works thread #478  
You can own the best equipment but the bottom line will be what your crop sells for at the elevator and new crop grains too a huge hit last week. The old adage 'farm until you go broke' may apply today.
 
   / How agriculture works thread #479  
You can own the best equipment but the bottom line will be what your crop sells for at the elevator and new crop grains too a huge hit last week. The old adage 'farm until you go broke' may apply today.
I believe ag and commodity prices are in a decades long bull market but still can'r resist ag jokes.


For example: The farmer had just won $2 million in the lottery and when asked what would do with all those winnings replied "I guess I'll just keep farming till it's all gone".
 
   / How agriculture works thread #480  
Not my picture, but thought it might be interesting for some people. I remember being pretty young, 15-16? pitching in to help get wheat processed and running a combine on some pretty steep hillsides around Walla Walla area. You slide down while you are cutting but try to pick a line that will get the most width.


combine-on the wall.jpg
 

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