Sunflowers are a small crop, so if they lose a few acres of production it will have a big impact on their prices into the future. That could convince some farmers to grow a few less other crops, and more beans and corn. It is an acreage fight, as both major crops need more acres planted. The issue over the next 3 months is that both corn and soybeans are projected to be kinda low in supply, so both those crops might run up in price from here. They do this by offering us better prices on the crops that are running low in storage, and not offering as good a price on crops that seems to be plenty available in the world. Don’t worry!īut over the next 3 months, grain buyers will need to convince us farmers to plant the right types of grains that they will need a year from now. Now, we will not run out of grain, feed, or food in the USA. I would guess they have followed what the other crops have done.Ĭorn was about $3 a year ago.
I don’t know sunflowers, they aren’t grown here. And there are still virus issues that make the future uncertain, production and delivery of product uncertain. So they are between a rock and a hard place. Now, now if there is empty shelves, they have to go buy grain now, and prices are through the roof. So none of these companies bought ahead, and locked in prices.
Last year it looked like grains were going to drop even lower in price, and the future of processing and sales was very questionable.
So many places are closed, or slow, or short on people.Īll together, I will guess that birdseed is more on the back burner for a lot of companies, as they try to ramp up and rework how to make all the people food or feed that goes to make people food. Shipping and handling of all this has been difficult, with the virus. And now we are here with grains being sold around the globe, shortages looming, and South America ends up too wet to plant their second corn crop with big rains during their harvest time, usa is pretty dry in the west for this coming year, drought?Ĭhina has been buying every oil crop they can find, and buying a lot of corn. Ukraine had a slightly worse crop then they expected. China had major major major flooding and it appears it wrecked their corn crop much much worse then they let on. Farming looked dismal.Ī year later, Iowa had a major wind destroy a lot of crop, South America got very dry and only average crops down there not the record we thought they would harvest. We had a very poor ecconomy, many places shutting down, China was not buying grains from North America, the effects of the virus on shopping and eating made it look like very little grains would be used.įarm economics were very depressed. There has been a major grain supply change in the past 12 months.