Monster Crops

Can there really be “too much of a good thing”? Yes, ‘fraid so.  This year has seen several different kinds of bumper crops and believe it or not for farming communities as a whole, bumper crops can actually be bad news; rather like a case of darned if you do and darned if you don’t.  Several powers that be in the ag industry are predicting a “monster” crop of corn this year. Only time will tell, but a “monster” crop yield can backfire for producers with a disproportionate drop in price, having them see any profitability fly out the window.  The challenge then is how to sell ever increasing bumper crops while at the same time not causing economic strife in farm regions. With the hog, poultry and dairy producers losing money right now like water through a sieve the question of whether there will be a demand for a high yield corn crop remains to be seen. I’m not about to get into a farm subsidies debate. First there isn’t enough time and secondly I’m no expert. Farm policy can be extremely volatile and is definitely complex. And again, only time will tell if “time” will be on the corn farmer’s side.