- Agriculture.com Community
- Announcements & Forum Help
- Farm Business
- Young & Beginning Farmers
- Cattle Talk
- Crop Talk
- Hog Talk
- Machinery Talk
- Machinery Marketplace
- Shops, buildings and bins
- Ask the SF Engineman!
- Precision Agriculture
- People & Rural Life
- Ag Forum
- Women In Ag
03-18-2019 07:41 AM - edited 03-18-2019 07:42 AM
This, in the headlines from Allendale this morning. The traders and computers at the CBOT must not read the headlines.
03-18-2019 10:14 AM
Well, it really is a FAKE news headline. Severe weather in March can in no way
threaten planting intentions. Way to early in the game, by at least 4 weeks.
Besides, everyone has plenty of moisture and moisture makes grain... :-)
03-18-2019 04:52 PM - edited 03-18-2019 04:57 PM
kind of agree.....
It might have actually mitigated some of the coming "melting thaw" flooding news that was coming next month....... although that will still happen. Puts a real burdon on the state budget of Nebraska.... there is a lot of long term structural damage to repair. Roads -culverts, dams, local dirt roads gone, irrigation systems that took in a lot of silt and trash pater, -- hay and feed loss -- lot of animal structures too damaged to use --
They are a lot like these cattle ranches in southern Ks that burned out the last few years from Meade to Medicine Lodge... The grass came back great and the fences after 2 years look like a miracle, but it was a long term fatal blow financially for many... more ranch grass in that area has changed hands than I can remember in a lifetime.
This deal in the platte valley Nebraska looks like a similar deal to me..... the financial blow will take a long time even if most crop acres eventually dry out enough to make a crop.
The killer overhead costs and the dryout delays may make some acre choices get readjusted. Corn needs to be in pretty soon... 3-4 weeks to get seed in ground.... 4 weeks won't even get the roads open.
03-19-2019 08:01 AM
Yeah, despite the saying "buy the rumor, sell the fact", nobody ever really reacts much to bullish grain news until it's a proven fact. Someday, the door won't be big enough for all of the shorts to get out.