Livestock producers are watching their feed costs rise with corn prices and taking their concerns to Washington D.C. The Environmental Protection Agency is under pressure from livestock groups and some rural lawmakers to curb corn prices and ease livestock producer worries by suspending the federal ethanol mandate.
According to the USDA's crops progress report, which was released on Monday, in Missouri, 83 percent of the corn acreage and 72 percent of soybeans are in very poor or poor condition. Both figures are the worst for any major agricultural state. Optimism for a good corn yield is dwindling, but Southeast Missouri State University’s Michael Aide says there is still hope for soybeans.
Missouri is in the midst of the worst drought since 1988 – that was the buzz on the MU campus yesterday, as more than 200 farmers and researchers gathered for the annual Pest Management Field Day. Although they came to learn about the latest research on pesticides and herbicides, conversation frequently turned to the bone-dry conditions on Missouri's farms.
Corn has been good to farmers. Helping fuel a boom in the ag sector. And as this year’s record corn forecast indicates, Midwestern farmers can’t seem to plant enough of the grain. Even with concerns growing about the effectiveness of today’s high-tech genetically engineered seeds, farmers aren’t backing down.