A lot of people have been comparing this year’s drought to the last major drought that took place in 1988.
But the director of research and commodity services for Iowa Farm Bureau, Dave Miller, says there is one big difference between then and now.
We visited with Miller as he prepared for Iowa Farm Bureau’s Economic Summit coming up July 23 and 24 in Ames. Discussion topics include the drought, volatile commodity prices, risk management and the continued viability of the ethanol industry.
More information about the summit can be found at iowafarmbureau.com.
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afbf HELPED KILL THE CORN RESERVE IN 95 farm bill in 1988 we had reserve of the 85 crop I had 65000 bu. in storage this was roughly 2.7 bil. bu and the end users hardly missed a beat AFBF policy is mostly wrong