The US corn crop is in big trouble, and it will not get better. This also means the seed crops are failing as well. http://discussions.agweb.com/showthread.php?13447-Will-low-yields-effect-corn-seed-availability
I took delivery of another 100 pounds of open pollinated yellow dent corn seed yesterday. I have placed another order for next week, I have no clue how long my luck will last. I am placing an order every week and pay for the seed as my weekly paycheck comes in.
Obviously the seed prices are going to go through the roof, so will food and gas. I am considering a few things……. I do not want to become a ” seed pimp” yet the seed has value and it is also an investment. As time marches on the seed will increase in value exponentially.
Any suggestions would be helpful. Is there a market for non hybrid corn seed? I know there sure as hell will be one very soon. Same goes with mylar bags and oxygen absorbers. Again I am not pimping …… yet. It would be foolish to dump right now, the crisis will worsen and the demand will increase. Thoughts or suggestions? Is there anyone out there that might be interested in bulk purchases from my source while it lasts? I pay cost-plus ten percent on all of my bulk seed.
I made this offer available to others in the community behind closed doors, no one was interested, or I should say very little interest was shown. The corn crop failure will be in the billions, yet keep in mind Canada also grows corn. http://www.thestar.com/news/canada/article/1229812–ontario-s-corn-crop-withers-under-drought And it’s in trouble as well, not as bad as the US.
June 28, 2012|Reuters
U.S. corn prices have soared 17 percent this month as day
after day of hot dry weather persists in the heart of the
Midwest, where Iowa and Illinois alone produce one-third of all
U.S. corn and soybeans. ( this data is from last month…. it has worsened since this article)
Crop scouts on the five-day MDA EarthSat July Crop Tour did not stop to inspect the fields because crops were so poor it was assumed that farmers will plow them under and, if they have it, collect crop insurance.
You can contact me via e-mail: