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Steven Ebeling admits farming in West Texas is never easy, but 2022 has been a brutal blow with the majority of the dryland acres already counted as a total loss, and irrigated acres are now struggling to survive.
Under dusty conditions some operators blow out their air filters daily, while others extend the interval with the attitude that, “A dusty filter cleans air better than a clean filter.”
It was a risk off day on Monday which produced mostly lower closes, except cattle. Less threatening weather, grain exports out of Ukraine and sharply lower crude oil were all factors.
Warning signs about the health of the general economy are blaring, but Farmer Mac’s summer issue of “The Feed” shows why ag lenders are in a better financial position to help farmers weather the higher costs.
Livestock are mixed at midday, cattle helped by lower grains trade. Grains pressured in a risk off session, with more favorable weather and grain moving out of Ukraine.
This article discusses my 2021 corn crop positions.
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