2012 crop forcasts

   The United States are projected to produce 14.3 billion bushels of corn on 94 million acres, and 3.25 billion bushels of soybeans on 75 million acres.  Today those crops can be priced for harvest delivery at about $5.40 for corn and $12.60 for soybeans.  Assuming good growing conditions that will provide a very good year for farmers. 
   Exports of grains have been influenced by demand from growing countries and reduced production by other grain producing countries.  China has become a consistent buyer as their growth has outpaced the ability to produce enough grains.  Historically they have been an exporter of grain to other Asian countries and now their Asian neighbors are looking to buy our grains.
   Marketing meetings are plentiful in the corn belt as farmers are planning their year ahead.  A predominate talking point in all of these has been the challenge to feed a growing world.  We are embracing improvements in technology, equipment, and genetics to obtain the goal of feeding the world.  We also realise that many other farmers do not have the same access to these improvements.  That is an integral part of what Foods Resource Bank can provide.  By mentoring others and understanding what pieces for our agriculture can benefit others we can make the worlds hungry people less dependant on others and provide opportunities to make their live and their village better.  Many of our cooperating churches will be looking for help from the congregation, please consider how you can help.
                                                                                                Serving together, Dean