Wednesday, May 11, 2011

Hot and Dry

It is hot and dry and considering the fact farmers were already pointed toward non-irrigated acres to plant peanuts this year is only getting more interested.

It might be better for a producer to take prevented planted credit on his crop insurance and just leave the land idle if this pattern persists.

The rainfall deficit now exceeds 6 inches on the year and there is no moisture without irrigation in which to plant right now.

The State Climatologist says this weather pattern will remail in place at least until August.

I spoke with one farmer who has uncommitted 10 crop peanuts in the loan and I told him to be patient. If it doesn't rain soon they might be worth $1000 by October.

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