National Ag News
Down farm economy impacting commodity groups
The impact of agriculture’s financial slump is being felt by state commodity groups.
Michael Petefish, newly elected president of the Minnesota Soybean Growers Association, says his job probably would’ve been easier a few years ago when corn and soybean prices were higher.
“We’re 100 percent membership-based, and when farmers are struggling they’re not as concerned about being a member. Or they don’t see the ramifications of some of the political stuff as easily because they’re just looking at the Chicago Board of Trade, the weather and their fields, and their vision kind of narrows.”
He tells Brownfield that narrow focus isn’t necessarily a negative, just something farmers need to do as business owners trying to remain profitable.
Continue reading Down farm economy impacting commodity groups at Brownfield Ag News.
