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 06-13-2008, 07:37 Post: 154558
hardwood

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 Flooding beyond belief

We here in Iowa and much of the midwest are in a major flood crisis. On the Cedar river for example only one of almost every river in the eastern half of the state that is flooded to record levels things are devestated. In Cedar Rapids for example Pop. around 120,000, only one bridge is open, a major railroad bridge has collapsed into the river and over 4000 homes have been evacuated, lots of power and gas has been shut off, and drinking water is very limited. The projected crest thart is to happen sometime today is 32ft. the old record from 1929 is 20ft. Most of the corn crop is in real bad shape, the newer corn hybrids are pretty tough, but no match for the continued waterlogged or flooded out field conditions. Lots of soybean acres remain to be planted with the planting window rapidly coming to a close. I don't know of anyone who has harvested any first crop alfalfa yet. Frank.






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 06-13-2008, 09:30 Post: 154569
hardwood

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 Flooding beyond belief

Yes, we are OK both homes are well above the river levels. One son in law and a son are flooded out at their workplaces in Cedar Rapids, but their homes are well above river levels. Yes the grain markets will likely react in frantic trading due to already known and projected crop loss, great for the farmer IF he or she has a crop to sell, but very devestating for the livestock industry who depend on buying grain for feed. Not one pinch of dependability is built into the grain futures trading game, they could be locked limit down befor the day is out. Very few lenders will allow a farmer customer to operate without Multi-peril crop insurance anymore due to ther extreme cost of planting a crop, they want assurance that the production loan can be repaid. Crop insurance is not a one for one return on any loss. It can be designed by the insured,(farmer) to be as much or as little as can be paid by an insurance company, but just as with any insurance, the greater the coverage the greater the preimum. Last I knew, (and I've kinda been out of the loop for a couple years now), a maximum of about 90% of your USDA-FSA established crop yeild for your farm could be insured. On most farms the FSDA established yield and the realistic yields that we have been used to in the past few years are quite a ways apart. A rough example for corn might be FSA yield 150-165, your past few actual yields 200-225, so you can only insure 90% of say the 165 level or 148 bu. per acre. Now it gets lots more complicated after this as you now can get a rervenue asurance package that insures a dollar return per acre, on, and on. Frank.






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 06-15-2008, 12:54 Post: 154629
hardwood

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 Flooding beyond belief

The water is going down on the Cedar thru Cedar Rapids, but in Iowa City it sounds like it could be a crest that lasts for severl days yet. The cleanup and disposal will be of such a magnitued that I've never witnessed, our county landfill would be overwhelmed to the piont of not even coming close to being capable. What do they do with all of it, do they burn it? There aren't enough local contractors to even come close to getting it done in a reasonable amount of time. We are very fortunate to have not been in the flood zone, so we are offering our laundry and showers to the family and friends who won't have service for quite a while. Frank.






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 06-16-2008, 10:26 Post: 154644
hardwood

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 Flooding beyond belief

Kt; Frustrations are already beginning to mount as people want to get in and see what remains to be salvaged aren't being allowed in till safety teams evaluate the dangers involved in all this. I can understand both sides, protecting the people is first and foremost, but as in any thing of this type power can go to people in charge's heads instead of common sense. Frank.






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 06-16-2008, 14:16 Post: 154649
hardwood

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 Flooding beyond belief

Joel, the reason I brought up the power going to their head thing was from a personal experience after the flood of 93 with an elderly relative's home that I was in charge of caring for his business. This was a very small town thing, prbanbly 15 homes afected, none washed away, just needed repaired. I don't remember what government agency they were from, state I think? But even when trying to act in a civil manner with them they were the most arrogant, power hungry SOB's that ever walked, within a half day or so with myself and other home owners they prety much knew it was time to "Get Out Of Dodge" I hope they have sorted them out by now. But as I said this was real small time compared to what has happened now. Frank.






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