Corn prices may be lower but eternal optimist Dr. Lowell Catlett says it’s still the best of times right now for agriculture.
“Historically, there’s never been a better time to be in agriculture,” said Catlett this week at the Bayer CropScience 2014 Corn and Soybean Future Forum being held in Germany. “The world has never known so much wealth, we’ve gone up 20 fold in the last 20 years.”
And that means more protein, which is good for corn and soybean producers. “We got to double meat protein production because of world wealth in the next 25 years,” said Catlett. “And if we double that, we’ve got to do it with some feed products with animals that are grown intensively – better health, better feed efficiency, and less impact on the environment.”
Listen to a quick interview with Dr. Catlett from Germany here:
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