Rick Tolman
Rick Tolman
bit bottom caught cost drop energy exports farmers fewer fuel harvest high hits low prices time
Harvest is a time of high energy use to fuel tractors and combines and that hits right at the bottom line. Prices (of grain) are a bit low and as we have fewer exports then prices may drop some more so farmers are caught in a real price cost squeeze.
bring build crop export ground hope moving normally piles points rely river run short
Normally we rely on a lot of it moving out down the river to export points as we bring the new crop in. In the short run they will have to build piles on the ground and hope that it doesn't rain.
customers estimates goes hearing impact longer losing maybe obviously resume sources start supply turning week weeks
I'm hearing estimates of maybe a week to two weeks before they can resume exporting. But if it goes longer than that, our customers start turning to other sources of supply and we start losing sales, which obviously has an impact on price.