tag:blogger.com,1999:blog-2970975545475697571.post2790487315338679241..comments2024-03-29T09:22:11.200-04:00Comments on Eaton Rapids Joe: Price of corn per bushelEaton Rapids Joehttp://www.blogger.com/profile/09102166969915526172noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2970975545475697571.post-12269596382867451252019-06-18T05:31:19.040-04:002019-06-18T05:31:19.040-04:00Iowa, Nebraska, Kansas, Missouri and Im sure many ...Iowa, Nebraska, Kansas, Missouri and Im sure many other states ( just hitting the ones I know personally) have huge areas still flooded. I read somewhere that up to 6 Million acres likely wont get planted this year. A lot of farms and small towns are Still ( or in many places again ) flooded. Some have flooded multiple times because just when they start to dry out it rains upstream and/or they release water from upstream dams. I know one small Iowa town where the fire Dept has flooded 5X. Places that NEVER flooded in memory EVER. Many have just given up. <br /><br /> So, Food prices ARE going to rise. As corn and Soy Bean prices rise beef and pork producers will likely be tempted to sell most of their animals at any price. ( Because their costs are fixed they cant afford $8 corn.) Also, the govt now mandates ethanol go into gasoline...so ethanol will continue to be made driving prices of corn and gas both up. Now here's one I bet most haven't thought of but those who live near the Southern Border SHOULD know. Many Mexicans live on pennies to a few dollars a day. When corn prices go up...they cant afford corn for tortillas. If corn prices double it will be life changing for very many on both sides of the border. For those on the US side think about buying a really big freezer and filling it now.John Galthttps://www.blogger.com/profile/16708866657173222842noreply@blogger.comtag:blogger.com,1999:blog-2970975545475697571.post-29686895779999466002019-06-17T22:58:18.275-04:002019-06-17T22:58:18.275-04:00Rain has killed a LOT of corn this year.Rain has killed a LOT of corn this year.Johnhttps://www.blogger.com/profile/02317597809710979689noreply@blogger.com