Georgia farmers are staring at record prices this year for the crops they grow. But high crop prices aren’t good for all, particularly for those who raise animals, said a University of Georgia economist.
Drought conditions have expanded over the past three months to include most of Georgia. The major exceptions are north-central and northeast Georgia, where conditions are rated as abnormally dry. Additionally, Bibb, Crawford, Macon, Peach and Houston counties are classified as being abnormally dry.
Georgia will likely experience a warmer-than-normal and drier-than-normal winter and early spring. Heating demand for this winter should be much less than last winter. Unfortunately, recharge of soil moisture, groundwater, streams and reservoirs will probably also be less than normal.
The new agribusiness major focuses on the “money side” of agriculture, giving students a head start on the diverse management, marketing and financial strategies associated with agriculture, the state’s No. 1 industry.
Cotton prices right now are the highest in history. Prices for other Georgia-grown row crops are riding high, too. And the ride could last well into next year, say University of Georgia farm economists.
Mother Nature blessed Georgia row-crop farmers in 2009 with perfect weather, which helped bring record-setting results. This year, however, she wasn’t as cooperative and sent the hottest April through September on record – the kind of weather that can hurt.