Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Corn Is Dying All Over America
The Economic Collapse ^ | 7/10/2012 | Michael Snyder

Posted on 07/10/2012 8:56:04 AM PDT by JohnKinAK

All over America the corn is dying. If drought conditions persist in the middle part of the country, wheat and soybeans will be next. Weeks of intense heat combined with extraordinarily dry conditions have brought many U.S. corn farmers to the brink of total disaster. If there is not significant rainfall soon, many farmers will be financially ruined. This period of time is particularly important for corn because this is when pollination is supposed to happen. But the unprecedented heat and the extremely dry conditions are playing havoc with that process. With each passing day things get even worse. We have seen the price of a bushel of corn soar 41 percent since June 14th. That is an astounding rise. You may not eat much corn directly, but it is important to realize that corn or corn syrup is just about in everything these days. Just look at your food labels. In the United States today, approximately 75 percent of all processed foods contain corn. So a huge rise in the price of corn is going to be felt all over the supermarket. Corn is also widely used to feed livestock, and if this crisis continues we are going to see a significant rise in meat and dairy prices as well. Food prices in America have already been rising at a steady pace, and so this is definitely not welcome news.

The weather conditions in the middle part of the country during the last couple of months have been highly unusual. The following is from a recent article in the Los Angeles Times....

It's not that the Midwest hasn't been extremely hot before, and it's not that it hasn't been incredibly dry.

But it's unusual for a vast swath of the Midwest to be so very hot and so very dry for so very long -- particularly this early in the summer.

The current heat wave -- which is spurring comparisons to the catastrophic heat of 1936 -- is "out of whack," meteorologist Jim Keeney said Friday in an interview with the Los Angeles Times. Corn crops typically pollinate and mature in June and early July. That is why this time of the year is so vitally important for corn. We have reached a make it or break it moment.

The following is how an Accuweather.com report described what is happening right now....

Either heat or drought can stress the stalks, but both can basically shut down the pollination process. When this happens few, small or no ears of corn form.

According to AccuWeather.com Agricultural Meteorologists, you can't raise a corn crop with less than an inch of rain over six weeks, combined with 100-degree and higher temperatures. However, these conditions have taken place in much of the southern corn belt through the week of July 4, 2012. If pollination does not happen, corn farmers might as well give up.

Just check out what agricultural economist Chris Hurt said the other day....

"Pollination problems just can’t be overcome, even if the weather turns. There’s no turning back. There’s just failure."

At this point, half of all corn in the state of Indiana is already in poor shape.

With each passing day, the condition of the corn gets even worse.

As a recent article in the Chicago Tribune detailed, many farmers feel completely helpless at the moment....

Dave Kestel, who farms about 1,300 acres in Manhattan about 40 miles southwest of Chicago, said he feels helpless.

"Every day you get out there and it's the same heat and cloudless sky," he said. "You see your corn just withering out there, knowing you can't do anything about it."

The United States is suffering from a severe lack of rain. Just look at the chart posted below. According to the U.S. Drought Monitor, most of the country is experiencing drought conditions right now....

These drought conditions have also played a major role in the huge number of wildfires that we have seen lately.

There are a few northern states that are not feeling the drought right now, but otherwise the rest of the country is extremely dry.

So what does all of this mean for you and I?

A recent article by Holly Deyo summarized why we should all be praying for rain....

Since 75% of grocery store products use corn as a key ingredient, expect food prices to skyrocket. Corn is also a staple in many fast foods. Corn is in ethanol and the main food source or chickens. In addition to this, maize is in many things that aren't obvious like adhesives, aluminum, aspirin, clothing starch, cosmetics, cough syrup, dry cell batteries, envelopes, fiberglass insulation, gelatin capsules, ink, insecticides, paint, penicillin, powders, rugs and carpets, stamps, talcum, toothpaste, wallpaper, and vitamins. That's just for starters...

This is a huge heads up for you to purchase corn-using products NOW before these conditions reflect in grocery goods. It will be a narrow window of opportunity. These thoughts are being echoed by many agricultural economists as well. According to Businessweek, the outlook for U.S. food prices is bleak....

"When people look at rising prices for hamburger, butter, eggs and other protein sources from higher corn costs, that’s when more money ends up in the food basket," said Minneapolis- based Michael Swanson, a senior agricultural economist at Wells Fargo & Co., the biggest U.S. farm lender. "We were hoping for a break, and we aren’t going to get it." Unfortunately, the fact that the corn is dying all over America is not just a problem for the United States.

As Businessweek also recently noted, the fate of U.S. corn affects the entire globe....

When rain doesn’t fall in Iowa, it’s not just Des Moines that starts fretting. Food buyers from Addis Ababa to Beijing all are touched by the fate of the corn crop in the U.S., the world’s breadbasket in an era when crop shortages mean riots.

This year they have reason to be concerned. Stockpiles of corn in the U.S. tumbled 48 percent between March and June, the biggest drop since 1996, the U.S. Department of Agriculture said last week. And that was before drought hit the Midwest.

The United States is the world’s biggest exporter of corn by far, and if there is a massive corn crop failure in America it is going to be felt to the four corners of the earth.

Just check out what Abdolreza Abbassian, a senior economist with the U.N. Food & Agriculture Organization, said the other day....

"Everyone watches the U.S. because they can rely on it. Without it, the world would starve." Back in February, I wrote an article that suggested that we could see dust bowl conditions return to the middle part of this country in the years ahead.

A lot of people were skeptical of that article.

Not quite as many people are skeptical today.

The following is from a recent article posted on MSNBC entitled "Fears of new Dust Bowl as heat, drought shrivel corn in Midwest"....

Crop insurance agents and agricultural economists are watching closely, a few comparing the situation with the devastating drought of 1988, when corn yields shriveled significantly, while some farmers have begun alluding, unhappily, to the Dust Bowl of the 1930s. Far more is at stake in the coming pivotal days: with the brief, delicate phase of pollination imminent in many states, miles and miles of corn will rise or fall on whether rain soon appears and temperatures moderate. As I wrote about last week, if the weather does not turn around soon the implications are going to be staggering.

Even if we got some significant rainfall at this point a tremendous amount of damage has already been done according to the Washington Post....

Jay Armstrong, owner and operator of Armstong Farms in Kansas, flew his small plane over a portion of the affected area and landed with the impression that the potential damage is far worse than is commonly understood.

“At this time of year, when you look down in a place like Indiana or Illinois, you should see just lush green fields,” Armstrong said. “I saw bare soil. I just thought to myself, the market has no idea what’s coming.” So is there significant rain in the forecast?

Unfortunately, the answer is no.

The National Weather Service says that the corn belt will experience "above-normal temperatures" and "below-normal rainfall" over the next week.

At this point it does not look like there will be any significant rainfall for the foreseeable future....

"We got a break in the temperatures over the weekend but no rain of significance is in sight for next seven days," said Jim Keeney, a meteorologist for the National Weather Service the US central region based in Kansas City, Missouri. Needless to say, that is really bad news.

Right now we just have more heat and more dryness to look forward to. The skies are like iron and the earth is like brass. We like to think that we have conquered nature, but at moments such as these we see that is not true at all.

A couple of weeks ago I wrote an article about all of the reasons why we should be concerned about the second half of 2012. In that article I did not even mention drought and crop failures. Sometimes major problems have a way of piling on top of themselves.

The U.S. economy is already in bad enough shape without adding major crop failures to the mix. This is something that we just don't need right now.

But it looks like we are going to have to deal with it. Unless there is a major change in the weather, food prices are going to go up even more and large numbers of farmers and ranchers are going to be absolutely devastated.

Let us all pray for rain. We desperately need it.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: corn; corncrops; drought; wheat
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-129 next last
To: trailhkr1

Lots of people seem to pick up Biblical prophecies whenever they get a chance.


41 posted on 07/10/2012 9:33:54 AM PDT by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
[ Post Reply | Private Reply | To 32 | View Replies]

To: Uncle Lonny

Did you just quote the worst character in the history of film?


42 posted on 07/10/2012 9:34:22 AM PDT by EEGator
[ Post Reply | Private Reply | To 17 | View Replies]

To: riri
Here in Phoenix area, corn stalks are growing just fine. It was 112 degrees yesterday.

Yes, because

+

=


43 posted on 07/10/2012 9:35:46 AM PDT by Jeff Chandler (I miss Harriet Miers.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Roccus
...and yet the ethanol mandates will stand.

A great time for the 0bama government to increase the ethanol mandate from 10% to 15%.

The ethanol lobby wants a 50% increase, 0bama needs more campaign money, a win/win deal.

44 posted on 07/10/2012 9:37:19 AM PDT by TYVets (Pure-Gas.org ..... ethanol free gasoline by state and city)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kirkwood

Quit being sensible. This is clearly a time to freak out and be irrational.


45 posted on 07/10/2012 9:38:05 AM PDT by EEGator
[ Post Reply | Private Reply | To 29 | View Replies]

To: F15Eagle

Why would we be under judgement for something that God knew was going to happen all along? He knew Obama was going to get elected 5000 years ago, didn’t He?


46 posted on 07/10/2012 9:38:22 AM PDT by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
[ Post Reply | Private Reply | To 38 | View Replies]

To: JohnKinAK

looks like El Nino coming which could cause drought in Australia, further hurting grain supplies


47 posted on 07/10/2012 9:39:40 AM PDT by Bulwinkle (Alec, a.k.a. Daffy Duck)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jeff Chandler

Yeah, I know. Could be a different variety too, I suppose.


48 posted on 07/10/2012 9:39:52 AM PDT by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
[ Post Reply | Private Reply | To 43 | View Replies]

To: JohnKinAK

What corn is left all has to go into ethanol for fuel. That’s the law. Is a legislated famine entirely unthinkable now? That law will never change except to raise the % of corn in the gas tank.


49 posted on 07/10/2012 9:40:58 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EternalVigilance

I’m afraid the horseman have begun their ride.


50 posted on 07/10/2012 9:41:13 AM PDT by bmwcyle (Corollary - Electing the same person over and over and expecting a different outcome is insanity)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Kirkwood

As long as the roots are not severed, all is well. And all will be well in the garden. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.


51 posted on 07/10/2012 9:42:42 AM PDT by dfwgator (FUJR (not you, Jim))
[ Post Reply | Private Reply | To 29 | View Replies]

To: Tenacious 1
Much of the Indiana corn crop is already gone. I’ve seen several farmers have already turned over the fields. Most crops are 3’ tall and tasselled.

I drove across a big swath of the midwest on vacation last week. I didn't see good corn until I got east and north of Dayton, OH. Pretty much all corn from border to border in Indiana on I-70 was tasseling but there was no ear in most cases and in some cases an ear but no silk to catch the pollen. If it rained 6" tomorrow, the crop all looks to be a complete loss to me.

52 posted on 07/10/2012 9:44:10 AM PDT by IamConservative (Well done is better than well said. - Ben Franklin)
[ Post Reply | Private Reply | To 8 | View Replies]

To: JohnKinAK

We can’t do anything about the weather, but we can stop wasting corn on fuel.


53 posted on 07/10/2012 9:45:19 AM PDT by pallis
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnKinAK

Drove through the Texas panhandle last year in late June and everything was burned to a crisp. Not a green shoot to be found in a field. This year, 3 weeks ago, I saw beautiful green corn hip high and being watered by huge sprinkler systems. What a difference a year and some rain makes.


54 posted on 07/10/2012 9:45:27 AM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnKinAK

Um Financially Ruined? I don’t think so.

Crops are insured by the USDA anymore, I’m sure it won’t be easy for them, but a drought is hardly financial ruin for every farmer in America.


55 posted on 07/10/2012 9:45:48 AM PDT by HamiltonJay
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnKinAK

We would have plenty if the government quit mandating ethanol.


56 posted on 07/10/2012 9:46:27 AM PDT by richardtavor
[ Post Reply | Private Reply | To 1 | View Replies]

To: F15Eagle
But now I think America is under judgement.

These cycles have always happened.


57 posted on 07/10/2012 9:46:27 AM PDT by trailhkr1 (That which can be asserted without evidence, can be dismissed without evidence - Christopher Hitchen)
[ Post Reply | Private Reply | To 38 | View Replies]

To: RJS1950
Corn seems to be doing fine here along the Missouri river valley. Location and irrigation makes a big difference despite the heat and sketchy rainfall.

I was in the area of Jefferson City, Missouri last week and talked to a local farmer.

He said that farmers (without irrigation) who planted in March had a good looking corn crop. Those who waited until after April 10 for Federal Crop Insurance had a poor crop.

Is that what you are seeing?

58 posted on 07/10/2012 9:54:58 AM PDT by TYVets (Pure-Gas.org ..... ethanol free gasoline by state and city)
[ Post Reply | Private Reply | To 34 | View Replies]

To: trailhkr1
These cycles have always happened.

Of course they have. Which doesn't change the fact that we're well into a serious drought.

I've never seen it this dry in western Iowa, ever. There is no subsoil moisture.

59 posted on 07/10/2012 9:55:05 AM PDT by EternalVigilance (A Choice, not an Etch-A-Sketch. TomHoefling.com)
[ Post Reply | Private Reply | To 57 | View Replies]

To: IamConservative

Last week drove from Fort Worth to Houston. Corn was 3 feet tall and brown.


60 posted on 07/10/2012 9:55:11 AM PDT by ThirdMate
[ Post Reply | Private Reply | To 52 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-129 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson