7-30 IAN Corn and Drought

 I do not ever want to hear that a commodities broker doesn’t earn his money or that a farmer doesn’t earn his money. Based on predictions from all the experts last year, corn was a winner.  I plugged corn on the air. Then we heard that everybody started planting corn… there was going to be too much of it. I felt like a fool.

 Okay getting back to the subject, we encouraged everybody to plant corn. Everybody did. There’s going to be too much. Then the drought struck. Above normal temperatures and below normal rainfall has affected most of the United States - especially in the central part of the nation. Progressive Farmer Chief Meteorologist Bryce Anderson says that doesn’t look like it will change through the rest of this summer.  “Those south central and east central areas have definitely had the real hammer hit them and I have had a chance to do some driving in Illinois and Indiana earlier this month and I can tell you that when they are telling you how bad it really is there wasn’t any overstating of what really has gone on. It really is bad with a lot of corn plants showing very little growth and of course very little development of grain for this year. Anderson says the Northwestern U.S. has been away from the main drought - but more than 50-percent of the rest of the country is abnormally dry right now. The last 30 days have been critical regarding dryness