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Time to up corn acreage

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Time to up corn acreage

Postby frankthetank » Tue 07 Nov 2006, 14:30:39

According to this dude

$this->bbcode_second_pass_quote('', ' ')Chris Hurt, Purdue University agricultural economist, is predicting that corn prices will eclipse $3 a bushel for the 2007 marketing year and could threaten the 1995 record of $3.24 a bushel.

"In terms of acreage, I've been suggesting that we may have to push acreage up to 88 million to 89 million acres of corn," Hurt said Monday in a statement. "That would be a 10 million-acre increase from 2006 and would put us at the highest acreage planted to corn in the United States since 1946. We'd be looking at a 60-year phenomenon."


So where do you find the extra acreage? Take some land out of CRP/plant less beans??? I know of a lot of great lawn space that could be converted to corn! :) Golf courses would work too...

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Re: Time to up corn acreage

Postby Dreamtwister » Tue 07 Nov 2006, 14:39:36

Yeah, now all we need is 1 really damp silking season and we've got a new-age potato famine on our hands.
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Re: Time to up corn acreage

Postby joewp » Tue 07 Nov 2006, 14:47:19

$this->bbcode_second_pass_quote('frankthetank', '
')So where do you find the extra acreage?


He's an economist. He thinks if you throw money at the ocean land will rise up from the depths. :P
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Re: Time to up corn acreage

Postby Dreamtwister » Tue 07 Nov 2006, 15:00:21

$this->bbcode_second_pass_quote('joewp', '')$this->bbcode_second_pass_quote('frankthetank', '
')So where do you find the extra acreage?


He's an economist. He thinks if you throw money at the ocean land will rise up from the depths. :P


You mean it doesn't?
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Re: Time to up corn acreage

Postby AgentR » Tue 07 Nov 2006, 15:04:36

$this->bbcode_second_pass_quote('Dreamtwister', 'Y')eah, now all we need is 1 really damp silking season and we've got a new-age potato famine on our hands.


I've been saying for a while now, its a manufactured die off that we're attempting here. Drive down the number of days of grain supply in storage, start burning as much as you can into Ethanol, then wait for nature to deliver the inevitable coup de grac with some blight or just the wrong weather at the wrong time, and splat down to zero grain; developed countries and the rich within the developing world will pounce on available supplies, and the remainder... well.... so sorry.
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Re: Time to up corn acreage

Postby Atlantean_Relic » Tue 07 Nov 2006, 15:16:54

Even If I didn't know that this ethanol thing wasn't going anywhere, the idea of burning food fundamentally bugs me.
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Re: Time to up corn acreage

Postby Dreamtwister » Tue 07 Nov 2006, 15:27:12

$this->bbcode_second_pass_quote('AgentR', 'I')'ve been saying for a while now, its a manufactured die off that we're attempting here. Drive down the number of days of grain supply in storage, start burning as much as you can into Ethanol, then wait for nature to deliver the inevitable coup de grac with some blight or just the wrong weather at the wrong time, and splat down to zero grain; developed countries and the rich within the developing world will pounce on available supplies, and the remainder... well.... so sorry.


Hey, I'm the LAST person who will disagree with you on this issue.

Being of strong Irish decent, I have been spoon-fed potato famine stories for as long as I can remember.

Like how my family, along with the entire village in which they lived, were wiped out. The only reason my ancestor survived is because he was living in Dublin at the time and worked at the docks.

Or how, when he emmigrated to Boston in 1848, he went looking for work, and was greeted with signage that read No dogs or Irish, which interestingly enough, is how that side of my family ended up in Canada.

No, I'm intimately aquainted with the consequences of dependance on a single staple food, and your assessment is 100% right.
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Re: Time to up corn acreage

Postby AgentR » Tue 07 Nov 2006, 15:29:58

$this->bbcode_second_pass_quote('Atlantean_Relic', 'E')ven If I didn't know that this ethanol thing wasn't going anywhere, the idea of burning food fundamentally bugs me.


Well, if we don't burn it, then the poor will get to eat it.. And that means they won't die.

Apparently, that would be unfortunate.
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Re: Time to up corn acreage

Postby joewp » Tue 07 Nov 2006, 15:35:25

$this->bbcode_second_pass_quote('Dreamtwister', '')$this->bbcode_second_pass_quote('joewp', '')$this->bbcode_second_pass_quote('frankthetank', '
')So where do you find the extra acreage?


He's an economist. He thinks if you throw money at the ocean land will rise up from the depths. :P


You mean it doesn't?


I checked the pictures at your link and those islands look very much like sand, not currency! :roll:
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Re: Time to up corn acreage

Postby EnergyHog » Tue 07 Nov 2006, 15:42:48

I planted two rows of corn in my front yard this past summer. I live in a fairly large city but it's a hippy town so I actually got some compliments. I'm sure the GOP (they live next door) hated it and that made the corn that much sweeter!
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Re: Time to up corn acreage

Postby frankthetank » Tue 07 Nov 2006, 15:43:59

I'm just trying to figure out where they come up with all this magical acreage. Around southwest WI (corn growing region/soybeans too) i see corn fields turning into developments...not the other way around. Maybe the vacant field that use to be walmart can be used to grow corn...? (they built 2 superwalmarts to replace it! yeah! not).
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Re: Time to up corn acreage

Postby Dreamtwister » Tue 07 Nov 2006, 16:04:17

$this->bbcode_second_pass_quote('joewp', '')$this->bbcode_second_pass_quote('Dreamtwister', '')$this->bbcode_second_pass_quote('joewp', '')$this->bbcode_second_pass_quote('frankthetank', '
')So where do you find the extra acreage?


He's an economist. He thinks if you throw money at the ocean land will rise up from the depths. :P


You mean it doesn't?


I checked the pictures at your link and those islands look very much like sand, not currency! :roll:


No, but they quite literally threw money at the water, and land rose up from the depths. That...I guess you could call it an island, I don't really know... didn't exist at all until about 3 years ago. It's completely artificial.
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Re: Time to up corn acreage

Postby mekrob » Tue 07 Nov 2006, 16:19:14

$this->bbcode_second_pass_quote('', 'I')'m just trying to figure out where they come up with all this magical acreage. Around southwest WI (corn growing region/soybeans too) i see corn fields turning into developments...not the other way around. Maybe the vacant field that use to be walmart can be used to grow corn...? (they built 2 superwalmarts to replace it! yeah! not).


We lose something like half a million acres a year due to growth of suburbia out of 100 million total acres. Another half a million due to intense field practices (ie. wiping out the soil) and...uh oh.
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Re: Time to up corn acreage

Postby joewp » Tue 07 Nov 2006, 16:34:51

$this->bbcode_second_pass_quote('Dreamtwister', '
')No, but they quite literally threw money at the water, and land rose up from the depths. That...I guess you could call it an island, I don't really know... didn't exist at all until about 3 years ago. It's completely artificial.


I'm sure a lot of that land was spare sand dunes they have in the inland desert.

Be that as it may, that "island" doesn't look all that fertile for growing anything, never mind corn! :)
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Re: Time to up corn acreage

Postby coyote » Tue 07 Nov 2006, 17:10:26

$this->bbcode_second_pass_quote('Dreamtwister', 'N')o, but they quite literally threw money at the water, and land rose up from the depths.

You mean figuratively.

Sorry. Pet peeve.
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Re: Time to up corn acreage

Postby frankthetank » Tue 07 Nov 2006, 17:35:26

Oh this is good...check this find out...

$this->bbcode_second_pass_quote('', 'S')INGAPORE (Dow Jones)--Wheat output globally may recover in 2007 as
disappointing harvests in 2006 may drive prices higher, leading to farmers
planting more wheat, the Economist Intelligence Unit, the business information
arm of The Economist group, said in a press statement Tuesday.

The complete report, of which the press statement is a summary, is called
"World Commodity Forecasts: Food, Feedstuffs and Beverages November 2006."

The EIU statement gave a brief analysis of the supply and demand situation
for a variety of commodities in 2007.

It said corn consumption is overtaking supply and the U.S. - the world's
biggest corn producer - will need an "exceptionally big" crop next year to meet
its export and domestic demands.

For rice, the EIU foresees a balance in demand and supply through 2007, while
for edible oils, it foresees a gradual increase in prices.

It said that while edible oil demand for biodiesel grabbed headlines around
the world, the biggest consumer of edible oil is still the food market.


Stupid food market keeps getting in the way...eat those disappearing fish already!

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Re: Time to up corn acreage

Postby Heineken » Tue 07 Nov 2006, 18:20:55

We'd better start getting used to the idea of paying $10 for a box of cornflakes.
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Re: Time to up corn acreage

Postby FairMaiden » Tue 07 Nov 2006, 19:54:44

Here is another wheat production story: earth policy institute

Which fits in nicely with this consumer report: E85 vehicles
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Re: Time to up corn acreage

Postby AgentR » Tue 07 Nov 2006, 19:59:42

$this->bbcode_second_pass_quote('Heineken', 'W')e'd better start getting used to the idea of paying $10 for a box of cornflakes.


Don't get me excited. A weekend with a tractor and I can plant 15 acres of corn on a whim. Thats probably around 1200 bushels of production. At $3 a Bushel it ain't worth it. $10 for a box of cornflakes on the other hand....
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Re: Time to up corn acreage

Postby Dreamtwister » Tue 07 Nov 2006, 21:03:00

$this->bbcode_second_pass_quote('joewp', 'I')'m sure a lot of that land was spare sand dunes they have in the inland desert.


Actually, if I recall correctly, they dredged the sand up from a seabed some 300km away. The land really did rise out of the sea.

$this->bbcode_second_pass_quote('joewp', 'B')e that as it may, that "island" doesn't look all that fertile for growing anything, never mind corn! :)


I'm not going to debate that point, because you are completely right.
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