Black told Gainesville Rotarians there's good news and not so good news: World demand is up for corn and soybeans and that's good news for growers, but not so good news for poultry producers, who are paying higher feed prices.
"World demand is up for those commodities," Black said. "There will be some good opportunities for our producers...but hopefully there will also be some balancing out for those consumers of those grain products over time."
Black said those grain prices are affecting local jobs with a lot of people in the Northeast Georgia region working in the poultry industry.
"It's certainly a 'kitchen table' issue for them but hopefully the producer and the consumer of grain products will be profitable, but these are trying times for those folks who are feeding right now."
Black said with the demand high and the supply short, the market place is reacting because agriculture is a supply-driven economy.
Black said with the demand high and the supply is short, the market place is reacting because agriculture has a supply driven economy
http://accesswdun.com/article/2011/3/237033