And what it really says people, is put some food away. Right now we're are still running off of last years stored supply and there was no supply created to run off of next year. How do I know? My son-in-law is a farmer.
Just do it, you'll be glad you did.
The worst Midwest drought in 56 years has “significantly lowered” expectations for farm income in the third quarter, the St. Louis Federal Reserve Bank said.
Lenders in a new quarterly agricultural finance survey project lower third-quarter farm income and capital expenditures compared with the same period a year earlier, according to a statement on the St. Louis Fed website. Land values were projected to stay steady or rise over the next three months, the statement said.
