By BROCK TURNER
While commodity markets for corn and soybeans usually dip this time of year thanks to international harvests in South American countries like Brazil global uncertainty over the coronavirus and its impact is pushing them even lower.Click here to see more...
The prices for corn, soybeans, and most other commodities opened Monday trading well below highs they achieved earlier in March.
The Director of National Government Relations for the Indiana Farm Bureau, Bob White, says that’s mainly due to uncertainty in the market caused by global fears of the coronavirus.
That uncertainty has also led to fears that the nation’s food supply is stressed. White, however, reassures there is plenty of food to go around and that supermarkets are increasing their orders to keep up with demand.