The impact of the agricultural act on corn planting in the United States
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Last Update: 2002-04-24
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Source: Internet
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Author: User
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Introduction: - - regardless of the outcome of the agricultural act, American farmers will plant corn Reuters Chicago, April 23 news: Although Washington still hasn't finalized the loan rate of crops, most parts of the Midwest last week had very good weather, so American farmers continue to speed up the planting of corn Fred Yoder, a corn, soybean and wheat grower in Ohio, said the most exciting thing for farmers was to plant their crops in the fields Last week, American farmers put tractors into the corn planting belt, and the corn planting was completed by 13% Farmers will plant 79 million acres of corn this year, according to the USDA The west of the Midwest is the fastest growing region, with Iowa exceeding the five-year average But Indiana and Ohio lag behind the national average SEF Yoder said everyone was eager to plant seeds Because no one wants to stay in the field for another six to seven days In the past week, the rain stopped Now there is a lot of water in the field Now, he said, it's hard to see that there's actually no new farm bill passed, so it's like starting a game, but you don't know the rules of the game American farmers are looking forward to a new farm bill The Senate and the house of representatives have yet to agree on loan rates for corn, soybeans and other crops But time will not stop waiting Texas farmers have planted 66% of their corn At the heart of the SEF debate over the farm bill is the crop lending rate, the amount the government will pay farmers if no one is willing to pay for the crop Although members of Congress are still debating how much to pay, farmers bet that in any case, at the end of the day, soybeans will be lower than the current $5.26 per bushel and corn will be higher than the current $1.89 But others say it is possible to maintain the current lending rate if consensus has not been reached A soybean and corn farmer from Iowa at SEF said that looking at the heated discussions in Congress, he felt that there would be no new agricultural bill when the soybean was planted So we will continue to use the old loan rate this year If not, it would be a mess Because they have made rotation plans and have planted 30% of the corn Since the price of agricultural commodities in the United States is at a historical low, farmers are increasingly relying on government subsidies At present, the price of corn in the Midwest of the United States is $1.80 per bushel, and that of soybeans is $4.50 per bushel Because of the low price, the sharp increase of seed fertilizer price and the increase of land rental and other costs, government subsidies are very important for many farmers, especially those small farmers whose planting area is less than 1000 acres Kyle Phillips, a farmer in Iowa at SEF, said the countryside is very unstable because people think the price of agricultural products is too low Farmers do want their income to come from the market, rather than relying more and more on government funding But for several years farmers have been unable to earn money from the market Due to the fierce competition in the global export market, the commodity price in recent years has been at a historic low American farmers used to unify the world's export market, but now Brazil and Argentina's soybean production is increasing year by year, which has suppressed American soybean export prices In 2000 / 01, American soybeans accounted for 49% of the world export market, while Brazil and Argentina accounted for 41% But analysts expect South America to become the world's top exporter within five years, thanks to lower land and labor costs SEF, however, few farmers have time to think about these things when sowing For most people, the most important thing is to increase their income, which is determined only by price and output Alan karkosh, an Iowa farmer at SEF, says the yield per unit area depends on the weather Even if everything goes well, it won't work if it doesn't rain SEF
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