I found this article in the Financial Times interesting. It discusses expected feed price increases due to low inventories.
The USDA “warned of persistently low inventories, with wheat stocks at the lowest since 1947, and a massive 20 per cent reduction in corn stores.”
This is bad news for ranchers, but should be good news for crop farmers.
Link to Article (requires membership): http://www.ft.com/cms/s/0/32414480-c079-11dc-b0b7-0000779fd2ac.html?nclick_check=1
Hello, and thanks for checking out my blog. My name is Alex Tiller and I grew up in rural Ohio (Clark County) where my family still owns farmland (corn and beans ). I am a member of the American Society of Farm Managers and Rural Appraisers and am also an agribusiness author/blogger. I write about commercial farming, family farms, organic food production, sustainable agriculture, the local food movement, alternative renewable energy, hydroponics, agribusiness, farm entrepreneurship, and farm economics and farm policy. I visit lots of farms in different areas of the country (sometimes the world) that grow all kinds of different crops and share what I learn with you through this blog.
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