Comments From Another Board
As a farmer I can tell you its much worse than the media is telling you. My cattle are going to market because there is no winter feed and while I still have pasture to feed the cattle the pond is going dry. This is a large pond 12 to 14 foot deep. I might have 4 foot of water left in a much smaller pool. What this means to you all? There has been much talk of a "tipping point" for this country. This drought may be just that thing. There is NO production in my region without irragation and there is NO irragation. Just wait till the price increase reaches the consumer that food inflation and the result of QE3 might just do it.
God save the Republic
We're in a similar boat. My sister and I have about twenty head (cattle) and we're trying to figure out how to spread them out a little so we can sell enough to feed the rest. We need to keep enough so that when prices are on the rise, we can make a buck, but we have to be able to feel all we keep.
In other news, I was working late last night, and driving home around 9:30pm. As I was cruising on a county highway between a couple corn fields, this rancid stench filled the air. I don't think I've ever smelled it before, but I knew what it was. The crops are dying, and the humidity is causing them to actually start to decompose. If that happens, the farmers won't even be able to cut it down for feed (corn leaves are yummy according to my cows). It's just going to rot in the fields and have to be cut down and tilled under.
This is bad, bad, bad! The media has finally admitted prices are going to rise, but they're trying to minimize the amount. I think they said 3 to 5 percent. No way. Once winter sets in, it's going to be at least 10 percent. The same amount of a working man's dollar won't buy as much food. The same babymomma's EBT credit won't buy as many twinkies and formula. It's going to hurt everyone. And with QE3... Smokie, you're right again, I fear... the prices for EVERYTHING will go up. If a gallon of milk is $8, it will surely stir the pot. Then a very divisive and destructive national election is taking place in November (about the time QE3 begins to trickle in, and the prices of food climbs past media "estimates")... combine that with possible anti-gun legislation and who knows what else.
It's definately a year to shore up supplies before winter!