Last year was a bad year for corn — the latest US Department of Agriculture (USDA) report shows drought conditions and extreme weather wreaked havoc on croplands.
USDA unexpectedly slashed its outlook for domestic corn production amid a severe drought across the western farm belt. Farmers in Nebraska, Kansas, and Texas were forced to abandon drought-plagued fields.
The agency estimated farmers harvested 79.2 million acres, a decline of 1.6 million acres versus the previous estimate — the smallest acres harvest since 2008.
The unexpected cut to US harvested corn acres means grain supplies are a lot tighter than realized. A report Thursday showed the corn area in the world’s largest producer is at the smallest since 2008 with crops failing in states such as Texas and Nebraska. That’s due to persistent drought conditions in the western part of the country that could also hit harvests for wheat plants that are currently dormant for the winter. — Bloomberg
The crop-failed lands reduced total harvest corn acreage to levels not seen since 2008.
Less acreage tightens supply and might continue to put a bid under corn prices.
Global food prices remain at crisis levels.
Here’s the current drought situation across the farm belt.
Corn production woes from the US don’t bode well in the fight to crush food inflation. It seems as if the prices for our food will remain high well through 2023.
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Amidst a shortage of corn and water and we are still using massive amounts of both to make ethanol to burn in ICE’s.
The stupid, it runs deep in the District of Corruption.
And FJB increased ethanol from 10 to 15%, which doesn’t work with small engines. Luckily, we live in a coastal area, so almost every C-store has marine gasoline. And it’s $1.25/gal. more.
We have a few stations around here that sell non-ethanol gasoline and that is all I run in my small engines. It is about $.70 more, but I do not have problems with my engines like I did when running the 10% ethanol.
Situation update from upper Midwest (Iowa)
Prices are up (approx.$7/bushel), harvest was great, ethanol plants are running full bore 24/7
Keep that Farm Bill federal $$$ rolling! New combines and pick-ups!
New combines and pick-ups and all the farmers will complain about government regulations and that they are going broke.
Here in Indiana it was dry in 2022. However elevators have ground piles everywhere, more than normal. The new varieties of Franken Korn seem to be able to produce well under less than desirable conditions. Likely the human body doesn’t need the Franken Korn with it’s genetic mutations. Better than bugs though I suppose. Anyone hungry for corncakes?
Food crisis coming….global in nature.
and just how many sections/(square miles) did Bill Gates buy in the past five years and put out of production
How convenient that the USDA (United States Destructive Agency) fails to recall and/or mention the 20% cut in nitrogen fertilizers that the government mandated … and how willingly the major railroads went along with it.
Just another form of censorship by BigBusiness — this time the censorship was of our food production …
Thanks Bidet … and the rest of the sociopaths that are part of not just our own government, but of all of those NGOs that are trying to establish their new technocratic state across the globe …
Warren Buffet bought BNSF a few years ago and is happy to do whatever the dems tell him.
Not necessarily the demons … but his ‘buddy’, to whom he’s entrusted his billions — Bill from the Gates of Hell …
Three years ago it was massive flooding.
Next year, it will probably be massive flooding again.
If there were credibility to the CO2 fueled “Climate change” thing; then, in a particular spot (say, Nebraska) there would be flooding followed by more flooding in subsequent years till the place was a swamp, while in a completely separate area there would be drought followed by more drought till it was a desert (they actually used to talk about ‘desertification’ as a consequence of global warming).
Can anyone think of a reason for “climate change” to cause alternating massive flooding and massive drought in the same place?
Reach out to your favorite greenie-weenie … he/she will be able to explain it to you … leaving you ‘bewitched, bothered and bewildered’ … and ready to shoot that messenger …
FMR. Acreage is down 2.5% and that’s a crisis?? Somebody thinks we’re stupid.