Last night, I posted a story from Bloomberg about the recent storms’ effect on this years crops. Tonight, WLAJ, talked to a farmer in Ingham County about the issue and it’s one that isn’t only affecting Iowa, Illinois, and Indiana.
“We’ll readjust- we usually can handle these sitautions this came so fast,” said Haynes.
Haynes lost five percent of his corn yield which averages out to about a &50,000 loss- a cost which will ultimately be passed on to consumers.
“In every food you eat there is corn syrup or corn gluten so its a very widely used product. Corn is in everything,” said Heynes.
Tough situation for everything. The article goes on to say that it’s not only standing water that’s a problem, but fertilizer’s and pesticides have been washed off and will have to be reapplied. Most farmer’s have to take out a loan at the beginning of the planting season to cover those costs and hope that they will make enough off the harvest to pay those loans back with some profit. Now, those expensive fertilizer’s and pesticides will have to be bought again and hope that it’s not too late to save the crops.
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