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Re: From the floor May 23
The vegetables aren't free either nor are they immune from price increases from demand.
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Re: From the floor May 23
A neighbor says the last time Ohio was less than 50% planted by June 1 it shorted the state's deliveries by 3.5 million bushels. With all the other state subtracting bushels because of excessively late planting that number could quickly reach 1 billion.
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Re: From the floor May 23
You are right chipster. And people need to eat something. It could get interesting for family budgets in the coming months. It will also make it interesting for government budgets.
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Re: From the floor May 23
Reading here in Australia, Finding and reading these contributions is becoming addictive. Comforting to know that Agriculture is a difficult business to be in, right around the World.
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Re: From the floor May 23
That amount of corn to China remarkable. I had not seen figures that totaled that amount before this. That kind of activity will floor the corn price in the future.
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Re: From the floor May 23
That corn production map left me scratching my head. Indiana and Ohio are going to increase corn acres?
The new 6-10 and 8-14 goes much warmer and dryer for most of the corn belt, including the eastern belt.
Basis on old crop keeps moving up. Maybe guys are just to busy with fieldwork to haul grain.
With the weather of the last two months, hard to imagine what is ahead.
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Re: From the floor May 23
SRae,
Good to hear from the Aussie. Do you raise cattle and have crops too? How's the weather in your neck-of-the-woods?
Mike
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Re: From the floor May 23
We are predominately cropping, wheat, Barley, Canola, Lupins, Chickpeas. We run a hundred or so cows, mainly on country that is not suited to our sheep of which we have thousands.
The weather in our part of New South Wales has been very dry, up until last night our rainfall has been about 30 mm [120 pts]
from mid December. Had a very timely fall of rain of 40mm last night. We are running 6 weeks late with our planting program and are now in a real hurry to get on the paddocks.
The weather in Western Australia is extremely dry but Southern N.S.W. and Victoria are doing well.
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Re: From the floor May 23
I just realized I misplaced the decimal point on this earlier post. The Ohio bushel loss should read 350 million. Thats about half of the projected carryout.
"A neighbor says the last time Ohio was less than 50% planted by June 1 it shorted the state's deliveries by 3.5 million bushels. With all the other state subtracting bushels because of excessively late planting that number could quickly reach 1 billion."
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