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10-01-2013 08:15 AM
Just went to the NASS site to check the state of things, and here's what I saw...good thing I downloaded yesterday's reports!
So, avoiding any talk of politics here, is this shutdown deal going to affect your farm directly? Farm program payments? Reports? What of it all matters most to your farm?
I was going to link to USDA's "Lapse in funding USDA shutdown" site they created yesterday, but of course, even that's down this morning. Good thing we got yesterday's Grain Stocks report knocked out!
10-01-2013 08:29 AM
Some of this might be temporary until they determine who or what is essential and what is not. My question is, why is congress getting paid when they aren't doing their jobs?
10-01-2013 08:54 AM - edited 10-01-2013 08:54 AM
As for the shutdown probably the biggest affect other then those that expect a payment this month will be all the reports that are expected. I don't expect a short term shutdown.
10-01-2013 09:07 AM
You Bet Jeff. Now that we have defunded those dreaded reports, the grain market will rise exponentially as they normally would. Now america and the world will get their crop data from the wizards that visit the forums on agonline. And you sir are the commander and chief of that forum.
I've gotta admire your metoric rise to power! Corngratulations! Lol
10-01-2013 09:24 AM
Boy, does that make me feel like a champ, Kraft-T! HA! I'm printing out this forum and taking it down to the trophy shop to have it framed and set in gold!
So, seriously, say we do go without these USDA reports for a few months...what will replace them in the trade's eyes?
10-01-2013 09:42 AM
There will be no immediate affect on my farming operation. My marketing plan is by and large store and hold for not. I react more to cash prices than futures. Some sales will be incremental by time.
Is it just my cynicism or do government agencies deliberately shut down those functions that are most public and most likely to gain an emotional reaction reather than those that are least essential? Oops, you said no politics. So, I'm sure our civil servants are serving us and not themselves.
No changes here.
10-01-2013 09:57 AM
It is amazing that by their own admission how much of this countries goings on is NON-essential.
Lets take their own list of these (the ones not working today) and restrict their diet of our tax dollars by 50% up on the reopening of their little kingdoms upon refunding.