Great, but, its very rare a chart does display "broad alarm bells", beyond massive divergence on weeklies,monthlies /quarterlies. Ive been consistently amazed how a "sudden, unexpected crisis" tends to occur in these situations-oil is the classic, not a food staple obviously-but if transport is to expensive, not much food is getting to market either, it will rot in the ground until prices skyrocket. Anyhoo........
I posted comments to a thread you started on August 1st and then you posted it again under a different comment on August 2nd. What is behind your agenda? Are you trying to get the public long grains or what? You need to look up basis contracts around the major crop growing areas and see what the demand for corn and wheat really is or maybe you do know and are trying to mislead people. Good look to whatever your agenda is. I grew up about 1 1/2 hours east of Campo, Colorado over 30 years ago and it was a desert then and the US hasn't run out of food yet. Drive through Iowa, Nebraska, Illinois, Indiana, Minnesota, Missouri and other midwestern states if you want to see ag crops because that is where the corn and soybean crops are raised. While they may have problems WAY out west the US corn and wheat crops have done well this year. What % of US corn, wheat, and soybeans are produced in the areas you're talking about?
Do you still think the US will have a big drop in the food supply? The grain markets are sure not supporting your forecast.
Don't know if this is directed at me. If so you did not read my posts in this thread. The heading is a question, not a forecast as I am not American and have no idea what grows where. Again many thanks tho those who pointed out what grows in this area.
Michigan tart cherry growers say theyâre preparing to let up to a quarter of this yearâs bumper crop rot on the ground under a federal marketing order, and some say theyâll shift into more profitable wine grape production. Advertisement Quantcast The order will divert 42 percent of the nationâs about 300 million-pound tart cherry harvest from the primary domestic market this year. Growers in the Grand Traverse Bay area estimate theyâll abandon 20 to 25 percent of their crop. Some producers are unhappy about the dumping, and Leonard Lion made his feelings known by dumping his 72,000 pounds of diverted cherries along Old Mission Road in Grand Traverse Countyâs Peninsula Township. âAll Iâm saying to the tourists and joggers and others in this town is that life on the farm is not always profitable, and weâre losing our producers,â he told the Traverse City Record-Eagle. Michigan grows most of the nationâs tart cherries, with production concentrated in the northwestern Lower Peninsula. New York, Oregon, Pennsylvania, Utah, Washington and Wisconsin are the other major producing states. Tart cherries â also called sour, red or pie cherries â are best known as ingredients in desserts and drinks. Nearly all tart cherries are frozen, canned or dried. Growers say they expect to receive about 20 cents a pound this year, down from about 40 cents a pound last year. âYou have to match supply with demand in the domestic industry ... or the market price drops to about zero,â said Perry Heeding, executive director of the Cherry Industry Administrative Board in Dewitt that sets the market restrictions. Lion said he is moving out of the tart cherry business as fast as he can and planting wine grapes instead. Others in the Old Mission Peninsula are doing the same. âThe further I get away from the tart cherry business the better as far as Iâm concerned,â said cherry grower and Peninsula Township Supervisor Rob Manifold. âMy whole focus right now is to convert to wine grapes.â
Growers are dumping part of their crop to prop up prices. Here's the production estimate of the nation's largest growers: » Michigan -- 220 million pounds, up 33 percent from last year. » Utah -- 23 million pounds, up 15 percent from past two years. » Washington -- 17.5 million pounds, up 40 percent from last year. » New York -- 8.4 million pounds, down 13 percent. » Wisconsin -- 8.3 million pounds, up after a disastrous 2008. » Pennsylvania -- 3.7 million pounds, down 5 percent. » Oregon -- 2.7 million pounds, down 4 percent but 440 percent above 2007.