Ag economist: “Four and nine are numbers to look for this marketing year”

Ag economist: “Four and nine are numbers to look for this marketing year”

An Ag economist says four-dollar corn and nine-dollar soybeans are the numbers to calculate with this marketing year.

“If that’s the worst sale you make all marketing year, even into 2019, I’ll be happy for you out there. If you can’t make it work at those prices, you might have a tough time getting them much higher than that.”

Todd Hubbs with the University of Illinois says trade uncertainty, especially with China, have put soybeans in a delicate spot going into 2019.

Continue reading Ag economist: “Four and nine are numbers to look for this marketing year” at Brownfield Ag News.