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Ok what if the corn # is
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5250JB
Posted 7/15/2012 20:47 (#2487312)
Subject: Ok what if the corn # is



Jerseyville,IL
Ok what if the corn is under 100 bu per acre average and for the
sake of argument say its 90 bu average per acre .
What will happen to prices ?
What will happen to insurance claims ?
What will happen if the insurance underwriter (IE USA government ) tells the insurance
company to eat it and refuse to pay?
Will the USA scraps the insurance program or will public force it to since the public will
say that we under wrote this to guarantee cheap food ?
Since we are in a reccsion will this cause a depression on the scale of the 30s?
What happens if we have a multi year drought (ie3 or more years)?
This whole deal is shaping up to be very interesting to say the least for the USA as
a nation.
Any thoughts
JB
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