Eastern Iowa Farmer Fall 2020

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dear diary just truly feel life will never be the same nor will we soon forget all the devastation a little virus brought into this country. In terms of agriculture, I have a lot of reservations! I do hope our government officials continue to press forward in their investigations into packer power and how big processors were able to pay prices below the cost of production. The packer’s margins were incredibly high while farmers were losing money on every animal they fed and consumers were paying higher prices. While both were on different spectrums, the fact of the matter is, they put themselves and their bottom line before anyone else during unprecedented times and that is so incredibly wrong! We are thankful so many locals saw through this madness and went straight to the farmer and local locker and purchased meat at reasonable costs and got a great source of protein while doing so. There is still plenty of frustrations in the cattle business currently as we are seeing much lower prices for market ready cattle while feeder cattle are seeing some pretty high prices. Market ready cattle prices haven’t changed in weeks, fluctuating a dollar or two one way or the other, while cull cows and bulls trend higher. We have sold multiple bulls in the past few weeks who have brought more than market ready steers. Odd! We have questioned whether we will be able to buy cattle back when our yards are empty simply because the margins are in the red, and we haven’t made money on cattle sold in months. From the market cattle aspect, agriculture has painted a pretty dismal picture! None the less, I am so incredibly grateful to live on a farm in rural America that has allowed our children to grow up mostly untouched by this unprecedented time. We have been pretty fortunate to lead a fairly normal lifestyle that requires dedication and consistency everyday no matter what is going on in the world. While it’s the future for a reason, I have no idea what it has in store, I just know I have many reservations about pressing forward after such a devastating time we won’t soon forget. n — To read more entries from Ashley Johnson’s journal, go to EIFarmer.com. For your farm appraisal needs, call Ken Kruger! Independent Licensed Certified General Appraiser Keeney Welding SINCE 1953 Steel Fabrication Portable Service Steel Sales MIlES, Ia 563-682-7699 MeMber of —— Appraising farms in Eastern Iowa since 2004 —— 563-349-3150 • DeWitt, Iowa 100 Eastern Iowa Farmer | fall 2020 eifarmer.com
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The Eastern Iowa Fall 2020 Farmer
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Jeremy Miner Agronomist 319-480-146
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Tri-STaTe Building Corp. 1954 Frank
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Responding During Crisis Strengthen
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Story Index coronavirus 52 shockwav
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Your Partners in Financial success!
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Eloise Tabor Stewart works with her
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Eastern Iowa Farmer Fall 2020

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