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nc ks | As prices of commodities has increased, I have been fairly opimistic that farmers were going to be better off even with the increased cost of inputs, rent and machinery. It may be just a blue day after yet another cold rain and snow that is getting to me, but I am starting to think this deal is going to ruin our whole infrastructure. Grains are off to the races today and a lot of elevators that are hedged are about to their breaking point. If we have any production snafu's, how high will these prices go? We have little idea what to selll stuff for or what to pay for things. What about the region that has a crop failure, crop insurance isn't going to pay for these input costs. I feel like I've done a decent job of securing this years inputs and have sold a little grain too soon probably but doing ok, but all the uncertainty is finally starting to bug me. Oh for $3.50 corn, $6 wheat and $9 beans. Bring on $15 glyphos and $.40 nitrogen and $2.25 diesel. Why's it got to go so crazy. How does everyone else feel? I feel better now.
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is speculation money going to ruin the whole thing?
