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Southeast Colorado | If a lot you folks are looking at record yields.............not going to be much pay out even on the short price. You don't ever insure 100% of your bushels anyway and if you are looking at +25% yields you will have to lose at a minimum 35% of the guaranteed price before any protection kicks in. Granted we are about there now but its still going to hurt pretty bad financially. This new farm program and its implication followed by subsequent checks in the mail in a couple of years is going to make farming around my neck of the woods very confusing for a while. All I ever wanted was to grow a crop for a profit..........not what this has turned into. | |
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3.32 Sept corn
