Hart: short-term bearish, long-term bullish on ag outlook

 

By Amie Simpson, Brownfield 

January 10, 2020

 

An ag economics professor says the agricultural outlook for 2020 is looking to be similar to 2019.

 

Chad Hart, with Iowa State University, says he is short-term bearish when considering the outlook for 2020. 

 

“When we’re looking at weather patterns, they’re setting up very similar, when we look at the struggles in the international marketplace they’re setting up to be similar as well,” he says.

 

But, he says he is long-term bullish and growers will have opportunities with production and marketing crops.

 

“When we get to that spring price, we do see some opportunities to lock in some profitable margins and I think we’ll see that again here in 2020,” he says...

 

more, including audio [3:35 min.]

https://brownfieldagnews.com/news/hart-short-term-bearish-long-term-bullish-on-ag-outlook/