Pork Producers Struggle With Feed Prices
Cedar Rapids Gazette, via
nc links:
While federal crop insurance will help
Iowa grain farmers survive the drought, many livestock producers, who
lack such protection, will not, according to Bill Tentinger of LeMars,
president of the Iowa Pork Producers Association.
High corn prices
– now approaching $8 a bushel — will force many pork producers out of
business, Tentinger said Tuesday at a drought status meeting called by
Gov. Terry Branstad.
“I know how grain farmers will benefit. I do both (row crops and hogs),” Tentinger said.
Farmer
Wayne Humphreys of Columbus Junction called federal crop insurance
“wonderful” and “absolutely critical” for grain farmers this year.
“I
think this year’s drought is worse than the one in 1988, but we will
come out a lot better because of crop insurance,” which was not widely
available until 1994, he said.
Lambert's comment echoes
my own to some extent:
Now watch small government free market Rs ask for public money.
Exactly.
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