MANY CROPS WILL HAVE ZERO YIELD
COST OF HARVESTING WILL BE GREATER THAN RETURN
While we see the news media is obsessed with the usual stories, a disaster for local farmers is now very evident. I traveled yesterday in Lehigh, Berks, Lebanon and Schuylkill counties and witnessed many crops that are now past redemption. Earlier in the week I traveled south into Maryland and those crops may be able to have some yield if rain comes very soon.
Many of the crops are not just wilted but now turning brown and will not have any yield at all. Some in wetter areas may have a diminished yield. While of course I am only viewing a small part of this state, similar reports are being heard across this state.
I have friends in Texas who report that livestock are now being slaughtered early due to a lack of feed in much of the southwest and Mexico. This will create a shortage of these commodities and a increase in prices by fall.
It is also being noted that many countries are now limiting their export of foodstuff, anticipating a world wide shortage of grain. Some of this has to do with the Ukraine/Russian conflict but much is also caused by drought in many agriculture areas including the U.K.
I searched the internet and could not find any new stories on the crop situation. The latest ones seemed to be from June. It is very interesting and telling of our nations priorities when crop disasters and a likely worldwide shortage of food is superseded by stories on politics and social policy.
This coupled with a fall increase in energy prices may be a rude awakening for many, who have taken food and energy for granted.
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