Wheat harvest is in full swing and according to the latest Crop Progress Report, it is moving quite quickly in the state of Kansas with winter wheat already 53% harvested.
Vice President of Communications for the Kansas Wheat Commission, Marsha Boswell spoke with RFD-TV’s own Tammi Arender on the latest numbers, issues producers faced, and possible ripple effects.
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Market analyst and friend of the show, Shawn Hackett, says Brazil’s shifting use of crops for biofuel production is a significant factor.
Caleb Ragland, president of the American Soybean Association (ASA), shares his reaction to news of soybean sales to China, which is considered both “welcome news” and a return to near-normal trade relations.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
