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FBN’s Jeff Flock talks to Trean Group’s Scott Shellady on the impact of the lack of rain on the current harvest as well as for next year’s crops...
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-- this overhead us all bracing for big price increases at the grocery store now a record -- is moving faster than any on record to -- -- grocery bill Jeff -- he's down -- -- -- one of our favorite CME traders who owns a farm debt.
And more on his crowd as far as you can see it's a Scotch oldies -- here's dad.
A -- this hand you know we are stalking about a record harvests god but I'll tell you it's a record only in speed not inside.
Exactly right the reason why it's a record our residents in speed is that we haven't gotten Iran and the reason why we had a problem a -- we haven't gotten random.
You could tell about all the dust out here we still don't have any ran up problems not going away.
-- we put the court chart up.
You see did it.
She'll tremendously won't result the drought -- really hasn't come down significantly in your -- -- -- get another drought next year and -- prices could go even higher if we don't give any significant precipitation by the end of November.
Before this crowd around us freezes.
It'll be just as -- diplomats don't -- And runs off come springtime David for you who think someone -- may think that traders don't know really anything about what they're really trading.
Here's a bad -- puts that.
-- -- that.
Natalia Scott has been on a -- for forty years out here a lot of times feeding cattle and clear enough after -- so he knows what he's.
-- -- now -- does that he is much bigger than I ever thought he was -- it.
By the way Jeff is not a small guy this is seeing a big guy Jeff next to Scott you realize is doing well the farm OK guys that got all get Colorado Jeff Scott thank you very much by the --
