Another big concern is having enough grain to feed livestock. The local grain elevators have cancelled the sale of their current supply and are scrambling to get enough grain for their livestock feeds they make. Hay is also going to be in low supply.
The situation with the farmers and agricultural businesses is worse than is being reported…My dad is a farmer in Ohio who for the first time in his life is not planting his crops
The situation with the farmers and agricultural businesses is worse than is being reported. My dad is a farmer in Ohio who for the first time in his life is not planting his crops and is taking no planting insurance. The insurance will only be enough to maybe break even. The farmers who have contracts to rent ground still owe the rent to the landowner even if they aren’t planting anything unless the landowner agrees to lower the rent for the year. He said most of what has been planted hasn’t been planted in optimal ground conditions which will decrease yields and could have trouble maturing and producing a decent crop.