Teff as a cereal

Falling crop prices, shrinking profit margins or no profits at all. This has been the trend since 2022. So when is this going to turn around? Speaker2: It's a tough question. I mean, it's a natural question, but it's a tough question and I don't have a good answer. Speaker1: But we'll take this answer anyway from USDA's chief economist, Seth Meyer. He says in years when farm income turns really good. Speaker2: What happens is you get this confluence of forces which add a shock and give you a short price run until the market resolves itself. Right. Whether that's a series of combined supply shocks from weather around the world, or whether it's a war, or whether it's some other event that comes along and knocks us off this path of narrow margins. So I don't know how long it's going to last. But if you look back in time, these narrow margin periods are more common than these, than 2022 type years by far. Speaker1: Meyer says that's why smart producers set aside money during the good times to have when times are not so good.