Harvest Time

Harvest season is now upon us. This means that farmers across American are harvesting their 2014 crops and getting them to market.

Concerning corn, prices are down (about $3.47/bushel) thanks to a big supply, which places downward pressure on corn prices. Prices were also down last year, but since the crop yield was very good (this year will be about the same or even better than last year), this helped to make up for the low prices. It should be about the same this year. Two years ago, prices were about double of what they are now.

Next year, we have to contend with and make decisions on new Dept. of Agriculture programs that were enacted in the 2014 Farm Bill.

Farmers in Nebraska and around the country also have to contend with the Environmental Protection Agency's "Waters of the U.S." rule. Farm experts say that this rule will be harmful to the nation's farms and will “cause cost increases, confusion and uncertainty to agricultural producers.” See this article for more. That's what happens when left wing lunatics are in charge of the federal government.