Due to the ridiculous amount of snow hitting the U.S. this winter, there is an expectation of massive flooding in the northern Great plains and the midwest. Sandbags have been deployed near the banks of rivers. However, the bigger issue is delay to plant. Record moisture is fucking with the small brains of farmers, forcing them to choose soybeans over wheat and vice versa. Also, the arduous conditions threatens to murder cattle, across the board.
Bottom line: Wheat prices are at new highs and there is a broad expectation that livestock and this year’s harvest will be dreadful.
If you enjoy the content at iBankCoin, please follow us on Twitter
posted that son
You forgot to mention their small brains. lol
haha.
If farmers got small brains, why does the UCC, the courts and the banks give such deference. Don’t forget, most “small brain” farmers could sell their operations tomorrow and buy a respectable perch in Manhattan or prime acreage on the California coast. JFYI.