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National Ag News

 

Farmer concerned about “delicate” futures market

Oct 25, 2017, 19:16 PM by System

A Missouri grower tells Brownfield Ag News he’s concerned about futures prices, “The markets are very delicate,” says Richard Oswald, “I’ve been sorry to see soybeans pull back a little bit. All the talk about the RFS in the news sort of injects a little doubt into the corn market when we have more corn to get rid of, probably, than a lot of us would like to admit.”

Oswald says the big thing is to wait and see if prices can hold together to keep those markets that farmers have worked so hard for, “Hopefully, the Trump administration and EPA Administrator Pruitt will hold that RFS together for us and that’s really what we’re going need.”

Oswald tells Brownfield yields have been good and there’s a lot of corn, “The local elevator, they’ve started on one of their two big flat storage areas and (on Monday) it looked like that one was two-thirds full already.

Continue reading Farmer concerned about “delicate” futures market at Brownfield Ag News.

     

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