Crop experts: Big harvests, low prices mean more SD grain will be stored; safety concerns [View all]
Farmers and other crop watchers say more of this year’s big corn and soybean crops will probably be stored in bins instead of quickly sent to markets overseas.
Tough talk on trade and tariffs by President Donald Trump as well as some foreign leaders has hurt prices to farmers in recent months and maybe closed off some key markets, farm leaders have told the Capital Journal.
Think China shops and bulls.
Where China shops affects markets near and far, because it’s, one of the biggest customers for U.S. farm products.
South Dakota farmers have gone, in a relatively few years, from being known mostly for wheat, to planting two-thirds of their acres to corn and soybeans.
Read more: https://www.capjournal.com/news/crop-experts-big-harvests-low-prices-mean-more-sd-grain/article_937763d0-cb6a-11e8-8596-072e15335ab8.html
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