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Economists grasp for opportunities to improve crop markets during Ag Outlook Forum
['Michael Johnson Is The News Editor For Agweek. He Lives In Rural Deer Creek', 'Minn.', 'Where He Is Starting To Homestead With His Two Children']
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"It is the best looking crop I've seen," Schultz, a marketing analyst for North Star Commodities, said Wednesday morning during the Farmfest Ag Outlook Forum.
ADVERTISEMENTAnd while that great crop is what every farmer is striving for, it will not be in the farmers favor as it relates to crop prices.
He said a corn crop in excess of 180 bushels an acre would be bearish on the markets.
Schultz agreed that had major corn growing areas not received that rain, the yields would have taken a major hit.
Friendly to crop prices are continued strong exports, which include recent purchases by China.