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The market reacts to good prospects

The possibility of a good harvest is putting negative pressure on corn and soybean markets.  Matt Roberts, an agricultural economist at The Ohio State University, talks about what else may affect the market and what to do about it.  Roberts tells Brownfield Ag News that he’s not surprised by the bearish tone to corn and soybean prices.

U.S. soybean farmers place a lot reliance on demand from China, but because of questions about China’s economy, Roberts says it may be wise to also seek demand in other areas.

In general, Roberts says that farmers should prepare for economic rough spots by maintaining a cash cushion of a year’s worth of land charges.

AUDIO: Matt Roberts (3 min. MP3)

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