Midplains Ag Midplains Ag

Ben Buckner of AgResource covers the May 12th's USDA WASDE (World Agricultural Supply and Demand Estimates) Report. According to AgResource, "This report is the most important of the spring as it sets the stage fundamentally for the coming growing season."

Ben Buckner discusses many points that will continue to push commodity prices down.  The main being that supply is higher than demand for corn and soybeans right now.  Without a weather issue becoming very unfortunate for farmers in the Northern or Southern hemisphere it is really hard to be bullish right now.  Especially since growing corn & soybeans in South America is so much more profitable than in North America.

Ben Buckner of AgResources shares his market outlook and the impacts of Covid-19 on ag economy.  Watch to see what Ag Resource thinks that supply and demand will do to ending stocks.

Ben Buckner of Ag Resource candidly speaks on what they think the corn, soybean, wheat, and barley production looks like world wide.  Then at how that impacts the stocks to use if demand stays the same going into the second half of 2020 or if it changes.  Planning ahead is vital for surviving in today's economic situation.  Trust the analysis of the data provided to make good decisions.