With rising commodity prices TV networks like CNBC are very interested in the financial investment plays in agriculture. Whether that is agricultural based stocks or investments in commodity ETF’s Wall Street is very interested in what farmers are doing.
Mike Haley is a farmer in Ohio involved in livestock and crop production. Mike recently appeared on the CNBC program Fast Money to discuss the impact of higher commodity prices on his farm. The host asks Mike questions like:
- are you planting more corn
- how is this rally different than 2008
- Are you buying more farm equipment because of the higher profits
I think it is very cool that CNBC is asking actual farmers these questions instead of people that pretend to know what is happening in agriculture. Great job CNBC and congrats to Mike Haley on the opportunity to participate on CNBC Fast Money.
If you cannot see the below CNBC interview with Ohio farmer Mike Haley, click here