"This year will be a rough one, like we've seen in the last few years," said Chad Hart, an Iowa State University agricultural economist.
Northern Iowa typically sees a freeze in early October that pushes to southern Iowa by month's end. Temperatures below 28 degrees shut down plant growth. "Farmers are hoping for a freeze closer to Halloween," Hart said.
Hart was also interviewed in a September 12 story, "Farmers hoping to buy some time from Mother Nature," in the Wisconsin State Farmer.
Chad Hart, an Iowa State University agricultural economist said this month's USDA crop production report could shrink yields, a move that may boost corn and soybean prices.
The trouble, the ISU economist said, is that the agency also has reported continued declining demand for corn and soybeans, driven in part by escalating trade wars and declining ethanol demand.
Hart was also interviewed for a September 13th AgPro story, "ASF, Tariffs Make China A Double-Edged Sword."
Hart said the bigger factor that should concern farmers from the reports this week is the ending stocks, as export numbers continue to slide.
“For soybeans, it’s all about China,” Hart said. “But for corn [the market is] the rest of the world, and we’ve seen significant cuts in a lot of our smaller markets. That’s really troublesome as we’re looking over the next year.”