Crop Catastrophe In The Midwest – Latest USDA Crop Progress Report Indicates That A Nightmare Scenario Is Upon Us
The last 12 months have been the wettest in all of U.S. history, and this has created absolutely horrific conditions for U.S. farmers. Thanks to endless rain and historic flooding that has stretched on for months, many farmers have not been able to plant crops at all, and a lot of the crops that have actually been planted are deeply struggling. What this means is that U.S. agricultural production is going to be way, way down this year. The numbers that I am about to share with you are deeply alarming, and they should serve as a wake up call for all of us. The food that each one of us eats every day is produced by our farmers, and right now our farmers are truly facing a nightmare scenario.
You can view the latest USDA crop progress report right here. According to that report, corn and soybean production is way behind expectations.
Last year, 78 percent of all corn acreage had been planted by now. This year, that number is sitting at just 49 percent.
And the percentage of corn that has emerged from the ground is at a paltry 19 percent compared to 47 percent at this time last year.
We see similar numbers when we look at soybeans.
Last year, 53 percent of all soybean acreage had been planted by now. This year, that number has fallen to 19 percent.
And the percentage of soybeans that have emerged from the ground is just 5 percent compared to 24 percent at this time last year.
In other words, we are going to have a whole lot less corn and soybeans this year.
Farmers in the middle of the country desperately need conditions to dry out for an extended period of time, but so far that has not happened.
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