The poor economy is already hurting a lot of Missourians and it could soon hurt the state’s agriculture community.
Kelly Smith, Director of Marketing and Commodities with the Missouri Farm Bureau, says the big problem might come in the spring when farmers who need credit for crops start to visit their banks. Smith adds producers could see a few problems as we head into the harvest season, as the sale of corn and soybeans to grain elevatiors will require credit.
As for those who say they are not affected by financial problems that might affect famers, Smith points out that if the farmer suffers economically – the consumer will feel the pinch through higher priced groceries.
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