SEGMENT: FARM-RELATED WORK & COMMODITY PRICES

Jay Johnson>LPL Interviews A-M>LPL Interviews A-J, Segment 12

SEGMENT: FARM-RELATED WORK & COMMODITY PRICES,

duration 11:40
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FARM-RELATED WORK
Hired Help
COMMODITY PRICES
$3.50 a bushel last harvest. $3.80 for an April/May shipment. Making all-time highs on corn, soy beans, and wheat. Worldwide shortage of protein and commodities. The market needs to find a rationing point, at what price level to prices need to get to and how long will they stay there. Prices on the day of the interview
FARM-RELATED WORK
Jay was working for First Chicago in 1991 when his father asked him to come back to Waverly and that they should purchase the P&M Elevator. P&M stands for Palmyra and Medesto.