10-01-2011 07:10 AM
i am really worried about input costs!! also seems like a perfect storm brewing in wash with major cuts coming without regard to how it affects ag as a whole......all over the ag news is ag is making record income!!! they never mention we have record expenses!!!! seems a litlle one sided....of course those facts do not fit into a 10 second sound bite
10-01-2011 08:17 AM
The record income thing may be a bit overstated after yesterday's market action.
10-01-2011 12:04 PM
I just got my corn ordered, they give until October 15th to get the biggest discount, but didn't have a firm quote on the prices, only that it 'went up a little'. Scary thing is, lots of other people are ordering, as well.
10-02-2011 08:04 PM
I wouldn't have bit the bullet so early, with my order, but I live not too far from where seed corn is grown, and know a few guys who work in the seed business (raisning, grading, etc, not the selling side) and they say the better numbers are likely to be scarce. I have had heard from 3 different people, with 2 different seed companies, that at minimum 13 pivot circles of seed corn got either hail, green snap, or both from a bad summer storm not too far from Central City, Nebraska. That is where a lot of the seed that gets sold in my area comes from. The companies hardest hit claim that they will have a seed harvest in South America early enough to get seed shipped over here, grated, and treated. However, since the fields haven't been planted yet, that is also an unknown.
10-02-2011 08:36 PM