Despite the rain, Vermilion County farmers are getting ready for the fall harvest. They were told during a Vermilion County Farm Bureau Ag Outlook Workshop today that demand for their crops continues to grow. Curt Kimmel with Bates Commodities says China and Asia are some areas that have been buying soybeans.
Tom Fricke, Public Information Director for the Vermilion County Farm Bureau, was asked how Vermilion County’s crops are doing. ‘’So far I think everybody’s fairly pleased with the crops here in Vermilion County. It’s different than last year ‘cause last spring we dealt with a lot of drowned out spots, to where guys tried to re-plant two, three – even four times – in a couple of cases. We just had a lot of low spots. This year, while there may be some isolated ones, that problem hasn’t been as widespread,’’ says Fricke. ‘’Now earlier in the summer we did have a lot of wind damage down in the southern portion of the county, so we’ll see how that corn recovered…see if it pollinated well while it was laying over or got straightened up in time.’’
[Photo shows area farmers attending Monday’s meeting at the Vermilion County Farm Bureau Auditorium. You can click on it to enlarge it.]
But while a bumper crop of corn and soybeans is expected, Fricke notes prices are down. ‘’The prices are down four-dollars a bushel from what they were three, four years ago. So even though there’s a large crop, if you don’t make any money on a large crop it still can have an impact on your bank account,’’ added Fricke. ‘’Having a large crop only helps if you have a good price for it. If the price you’re receiving is below the cost of production, whether you’ve got 20 bushels or 200 bushels, if it’s below the cost of production it can really have an impact on your bottom line. So some farmers are struggling with that right now.’’
A new crop report released on Friday says America’s farmers are expected to produce 4.3 billion bushels of soybeans this year, and 15.2 billion bushels of corn. Last year farmers produced 13.6 billion bushels of corn.
The Vermilion County Farm Bureau’s forum provided area farmers valuable information on commodity prices, input availability and weather patterns as they prepare to start the fall harvest.