McLean County Farm Bureau

AMERICA’S CORN BELT FARMERS FACE UNCERTAINTY

Cold, rainy weather has meant severe planting delays for farmers from Ohio to Nebraska. Planting is so tardy that the USDA June 28 acreage report, an annual survey of what crops farmers planted this year, will take on heightened importance. “This planting-delay issue, because of what states it has affected, will make the planted acreage report … historically important for market direction,” said Mike Zuzolo, president, Global Commodity Analytics and Consulting. The late start to the season adds insult to injury for farmers, who have wrestled with several years of low prices because of bumper harvests and slowing demand because of the US-China trade war. (The Guardian)