Drop in commodity markets causing anxiety for farmers
March 26, 2020
A Kansas State University farm analyst says his phone has been ringing frequently as the state’s farmers and ranchers flood him with questions about the recent drop in commodity markets.
“People are seeing the value of the commodities they’re holding drop – livestock, grains, feed. Everything is pounding them right now,” said Duane Hund, director of the Farm Analyst Program in K-State’s Department of Agricultural Economics. “As those values go down, those people are wondering what effect this is going to have on their cash flow analysis as we move forward.”
As one exampl...