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| First off happy with the report! I think the usda finally came to grips with a lower yield across the country that was not anticipated from the marketing gurus. On the other hand though I was thinking is it easier to push a farm bill through congress with less safety nets for farmers when the price of corn is between 4.50-5.00?
Another question is if the report was negative and we headed to the three dollar range the amount of highly leveraged farmers would start asking for assistance, Fsa or old FHA money to bridge loans in losses? I am just wondering if it is an easier sell for the government to get the farm bill passed when farmers our in the black and not the red.
I am not a conspirator but was just wondering? Usually in my opinion the govt reports have behind the scenes view of where they want to head long term, not truly a supply and demand picture. | |
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Report and farm bill
