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MO farmers fear the impact of fragile grain markets

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MO farmers fear the impact of fragile grain markets

Western corn belt producers fear that the fragile grain market could cause problems in the future.

Richard Oswald, a farmer in northwestern Missouri, told him that recent events in the Brownfield were concerned about exporting to China.

“In China, everyone is worried that large real estate companies will fail to pay interest, so we hope that nothing bad will happen,” Oswald said.

And he said the loss of ethanol demand would be a tough blow to farmers …

“It’s like a three-legged stool,” he said. “If you overlook one leg, you just fall. I think we need all these markets we have now. We need them to continue and the political environment we are facing now. And in the financial environment it can be difficult to achieve. “

Oswald said he is happy with the harvest season market, where corn is over $ 5 and soybeans are over $ 12 in his area.



MO farmers fear the impact of fragile grain markets

https://brownfieldagnews.com/news/mo-farmer-fears-impacts-of-fragile-grain-market/ MO farmers fear the impact of fragile grain markets

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