For many Midwesterners, wind is an occasional nuisance. For farmers, though, the wind’s impact can be huge — drying out crops and eroding topsoil. Gusts big and small also complicate the application of chemicals, and that can be particularly costly.
This week: Harvest Public Media takes an in depth look into rural commodity brokers, and the tug of war battle between MF Global and rural farmers, and a look back on the store Cool Stuff.
When futures trading firm MF Global went bankrupt at the end of October, regulators discovered $1.6 billion in customer funds missing, much of it belonging to Midwest farmers and ranchers. But MF Global clients aren’t the only ones hurting in farm country.
