U.S. corn faces a double crisis, and in the face of rising global prices, how should ordinary people respond

According to foreign media reports, the United States corn is currently facing a double crisis.

According to a farm management analyst in the United States, the break-even point of U.S. corn planting will rise sharply in 2022.

According to reports, the break-even point of U.S. corn planting in 2021 is about $3.80 to $4 per pu.

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However, as production costs rise, coupled with increased land lease fees, the break-even point for corn planting could reach $4.50 to $4.75 per pu in 2022.

In addition, according to some forecasts, the cost of fertilizers in the United States will rise by 30% to 50% year-on-year in 2022. Seed, fuel, maintenance and labor costs are also rising.

In fact, in 2021, the domestic seed and fertilizer prices have risen sharply, fortunately, the country has increased the subsidy fund by 20 billion yuan at a time, and friends who are interested in more agricultural subsidies can privately send "agricultural subsidies".

In addition, in addition to internal worries, American corn is afraid that it will also have to consider external problems.

According to foreign media news on September 29, data released by the Argentine Ministry of Agriculture shows that as of September 22, Argentine farmers have sold 40.9 million tons of 2020/21 corn, about 500,000 tons higher than a week ago and 3.7 million tons higher than the same period in 2020.

In addition, according to the data of the Grain Exchange, Argentine corn production will reach a record 55 million tons in 2021/22, that is, the export volume of Argentine corn is likely to increase in the future.

In fact, this year, not only American corn, global prices are rising, which forces us ordinary people to have only two ways to go, one can only desperately earn money and catch up with soaring prices.

One had to adapt and adjust in time, such as quietly replacing beef and pork on the table with relatively low-priced chicken and duck.

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