Too Corny ? Record US Harvest = Low Prices

https://www.newsnationnow.com/us-news/midwest/record-corn-harvest-farmers/

U.S. corn production is projected to hit a record 16.7 billion
bushels

Surging supply is threatening to push prices down further

Tariff uncertainty has complicated the outlook for exports

. . .

   CAN be too much of a good thing.

   Despite climate doom bullshit, it does appear
   that the harvest is the largest ever.

   But what to DO with it all ?

   Corn is mostly starch and oils. That which is not
   eaten directly can be ground and squeezed and the
   sub-products used in a lot of other things - food
   and industrial. Hell, a few tweaks and you can run
   a diesel engine on corn oil and the starch can be
   made into ethanol - for likker and running cars.
   Those extracted products will keep for a LONG time.

   Hmmm ... Joe sucked dry the emergency petroleum
   reserve - who says it can't be refilled with
   lots of gasahol ?

   So, while money may be a bit slow coming, I don't
   see this huge harvest actually going to waste.

   Now farmers ... they ARE very sensitive to money
   coming slowly. Many operate in debt until the
   harvest, literally a few months ahead of
   bankruptcy. Fail to maintain the land and it
   quickly goes to shit - full of weeds and the
   irrigation and equipment falls apart and you'll
   probably get gigantic 'dustbowls' again too.

   Most farmers and farm-oriented regions voted for
   Trump ... so Trump had better find a fix for this,
   FAST. He KNOWS there's a problem, so ....

   Giant tariffs on would-be foreign buyers is
   NOT good at all.