US drought ravaged harvest?

[fjlip]

Wow what a drought! Seems to have little effect down there.

"U.S. farmers will harvest 10.824 billion bushels of corn and 2.849 billion bushels of soybeans in 2012, accord-ing to projections made by commodity brokerage firm INTL FCStone (INTL). Last year, corn output measured 12.358 billion bushels and soybean production came in at 3.056 billion."

Do the math that is ONLY 13% less corn, 7% less soy. What a disaster?
With all the wild weather our crop got, we were off over 30% from last year's yields. How were your yields compared to 2011?

[wd9]

Look at that, just like SF3.

[SASKFARMER3]

Yes canola 50 percent below last year, hrs just a
touch above but 30 percent below 5 yr average.
Oats same, barley wow what shit it's like 2004 or
2002. Durum less than 5 yr by 32percent.
WD 40 your like USA full of shit. Take next year
and add to this then play with numbers over and
over. They must have a cheap Walmart
calculator.

[Partners]

Wht yield 10% less, Bly and canola are 50% less than last yr...

[Livewire]

Seems like in times when there is the least
amount of grain actually produced that the system
tries to fudge the numbers most. Use any bs
tactics to keep it coming in smoothly. Heard of
one company offering free storage till feb. Lets
suppose all the farmers with canola get suckered
by this tactic and now it's all sitting in the free
storage. Do you think they are going to bid up the
price when they have it already????

[farmaholic]

Livewire: You are exactly right.

[fjlip]

Any incentive just to lock up supply so the price will NOT have to be bid up!
We are our worst enemy playing into big Corp hands.