Is there trouble ahead for farmers?
I’ve had conversations with farmers this summer that include, “This is the best crop I’ve ever seen.” Then we quickly remind each other that nothing is in the bin yet. Farmers can never appear to be exuberant. Restraint must be shown. Being a farmer means you are an odd mix of hopefulness yet filled with dread. You plant a crop or buy some feeder cattle. In either case, you’ve gone long in the market. You hope for the best. All the while, you’re aware of a hundred things that can go wrong. While there is time for harmful weather, pestilence, disease, terrorism, ...