State's farmers escape worst of drought

  • Article by: JIM SPENCER and MIKE HUGHLETT , Star Tribune staff writers
  • Updated: August 11, 2012 - 8:56 PM

Minnesota corn growers expect a relatively good crop, considering the devastation that a dry summer has inflicted elsewhere.

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unionsrockAug. 12, 1210:04 AM

Crop insurance shouldn't give you money that could have been made on the current market, it is should be to provide money that would cover your overhead and living costs and give you an ability to plan for next season.

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rickbmnAug. 12, 1211:03 AM

What's the story? What's the problem? Crop insurance and gov't subsidies will make up the difference. If every small business had the same backing from the feds, there would never be a problem. (That's sarcasm.) This is crazy. And keep in mind, 40% of our corn is diverted to the EXTREMELY inefficient fuel: ethanol. Imagine what that does to the price we pay. Imagine what your business would be like if the gov't demanded 40% of yuor product be used... where would the price be?

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mchuskerAug. 12, 1212:05 PM

150 bushel yield x 4 million acres x $8 adds up to real money. Probably half the crop was sold forward for $5 to $6 a bushel. One state's drought pain like Illinois is another state's gain, like Minnesota.

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