Chad Hart, associate professor, urged Iowa farmers to watch their costs and be patient as they face a difficult market for corn and soybeans in an ISU Extension News story.
“This marketing year, like many of the previous years, will challenge producers’ patience and financial standing,” Hart said. “It will take some time for prices to recover and we may not yet have seen the low. But time is still on our side if we can position ourselves to ride out the next few months. Seasonal patterns and the current futures prices both suggest better prices will be available in the spring.”
Hart was also interviewed for a Sep. 7th story in the Des Moines Register on the federal aid program.
"This is basically a very quick, cash-flow infusion," said Iowa State economist Chad Hart, who calculated the amount of aid to Iowa producers with ISU economist Alejandro Plastina. "It's coming at a crucial time, so it's going to have an impact ... keeping ag production going in the state," he said.
He was also quoted on KCRG.com on the same subject:
"This type of payment is not going to put them back where they were three to four months ago,” Chad Hart, an associated professor of economics at Iowa State University said. “It’s just enough, if you will, to help them carry on to pay the bills at least for right now.”