Agriculture markets for 2019 hinge on regional, international factors
Kelly Smith, director of marketing and commodities, talks about impacts from local to international level that could impact agriculture markets
More than 50 area farmers gathered to see what the coming year could bring for agriculture markets during the Palmyra Young Farmers and Marion County Farm Bureau Marketing Meeting on Wednesday, March 13 at HATS Restaurant in Palmyra.
Kelly Smith, marketing and commodities director with the Missouri Farm Bureau, presented several factors that could affect agriculture markets in the coming months. The signed but not yet ratified United States-Mexico-Canada Agreement has been boosting international trade of agricultural products in the wake of last year’s trade talks, said Marion County Farm Bureau President Joe Kendrick. If the Senate ratified the agreement, the resulting free trade between the nations would benefit markets, he said.
Regional forecasts call for a cool, wet spring similar to last year’s — creating a tight planting timeline for local farmers — Kendrick said some farmers hadn’t yet pulled crops out of their fields from the 2018 season.
https://www.hannibal.net/news/20190321/agriculture-markets-for-2019-hinge-on-regional-international-factors