By Chris Clayton
DTN Ag Policy Editor
SIDNEY, Iowa (DTN) — A small group of farmers on Tuesday looked out at what is normally their farm ground and the now-destroyed bins that normally protect their income. What they see instead is a shallow lake formed by snowmelt and rain that has pushed the Missouri River far beyond its banks and temporarily reclaimed their river-bottom land and put their farms at risk.
The same scene is playing out for farmers in Nebraska, South Dakota and northwest Missouri right now. While the losses are devastating locally, they aren’t necessarily driving up crop prices. Fremont County, Iowa, has some 50,000 acres underwater, and local farmers estimated roughly 390,000 bushels of soybeans and 1.3 million bushels of corn are in bins, many of which are destroyed or damaged. The grain is valued at roughly $7.3 million.
“The biggest situation we have with those farmers is grain in bins that is compromised,” said Jeff Jorgenson, who farms about 750 acres along the river bottoms.