Corn farmers could be in some trouble this year reports the Batavia News, an upstate New York newspaper.The (corn) price has been hovering near $4. That could be trouble for farmers if there is an average or below average crop.
Many of his customers have ordered more soybean seed. That crop requires less fertilizer. New York farmers last year planted 235,000 acres of soybeans, the most ever in the state. That was up 15 percent from the previous high of 205,000 planted in 2007.
Tip of the hat to Tom Rivers on a very well written and investigated piece!
2 comments:
QUOTE: That could be trouble for farmers if there is an average or below average crop.
Doesn't the author meant that there would be trouble if there is an ABOVE average crop?
I think he means if they have a bad crop, combined with low prices, their profits will suffer badly.
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