Spud - no, the sale was on Monday in Spencer, WI for the dairy industry over there that is getting pretty low on local corn. The hay crop got off late, is low in energy and protein, and the dairies are having to supplement to get the rations right.
It was some nice corn from last year. Was 18% moisture coming off the field, put it in the bin with a low temp dryer and stirator. Really worked well. Would've just used the air, but it was a little to late in the season last fall and I wanted to get it down to 14% since I knew I was going to keeping it into the summer.
Don't think we'll even have corn to dry in the area there this year. It's more than pathetic. It's an out and out disaster. The corn is bigger now, and hiding some of the ugliness within. Still 4 leaves to go before tasseling as of yesterday. Went and looked at the beans on the property we sold, ankle high, 4 trifoliates and just starting to flower. Ouch....
I'm very concerned about property values right now. $4.00 corn coes not support $3500.00 to $5000.00 land in the central WI area. I suspect that scenerio is going to play out across the midwest. We'll have to see how this all plays out. And to think, it all started with a 14bbl USDA report.
Jen
