Crops Failing

According To The Federal Government, 19 Million Acres Of Farmland Were Not Planted With Crops This Year

If that headline sounds really bad to you, that is because the situation that we are facing is really bad.  Over the past few months, I have written article after article about the unprecedented crisis that U.S. farmers are facing this year.  In those articles, I have always said that “millions” of acres of farmland did not get planted this year, because I knew that we did not have a final number yet.  Well, now we do, and it is extremely troubling.  Of course there are some people out there that do not even believe that we are facing a crisis, and a few have even accused me of overstating the severity of the problems that U.S. farmers are currently dealing with.  Sadly, things are not as bad as I thought – the truth is that they are even worse.  According to the U.S. Department of Agriculture, crops were not planted on 19.4 million acres of U.S. farmland this year.  The following comes directly from the official website of the USDA… (Read More...)

Shock Survey: 12% Of U.S. Corn Farmers Didn’t Get Their Crops Planted, 48% Expect “Below-Average Yields This Harvest”

Crops all over America are failing, and the true extent of this crisis is starting to become clearer.  Months of endless rain and nightmarish flooding prevented many farmers in the middle of the country from getting their crops planted on time, and millions of acres didn’t get planted at all.  And if all that wasn’t enough, this month record high temperatures have been absolutely brutal for vulnerable young crops across the Midwest.  We shall see how the rest of the summer goes, but at this point it appears that yields are going to be way, way below expectations, and that has very serious implications for all of us. (Read More...)