"Farmers are farming for bushels, and hopefully bushels will help out, but it is certainly shaping up to be a challenging year in the ag sector because of low commodity prices," said Justin Gilpin, executive director of the industry trade group Kansas Wheat.
Date: May 10, 2016
Category: Business
Source: Google
Wheat Tour Day 3: Participants Project 382.4 Million-Bushel Kansas Wheat Crop
It's important to remember that the Winter Wheat Tour represents yield potential at this moment, says Justin Gilpin, CEO of the trade group, Kansas Wheat. Gilpin says the actual yield of fields not treated for rust will be far less than what the tour estimated this week.
"There is concern about the significant production shortfalls from last year to this year and everybody is going to be watching the next 6-8 weeks to see how this crop finishes out," said Justin Gilpin, chief executive officer for industry group Kansas Wheat.