updated: 8/10/2012 2:48:39 PM
Kelsay sees potential for higher prices and tougher times ahead for the livestock sector.
The director of the Indiana State Department of Agriculture thinks the bleak national crop report means consumers will have to continue to make difficult choices about which products they buy. Joe Kelsay calls 2012 "exceptionally challenging" for the agricultural sector. He believes producers will attempt to bring current high prices down by finding ways to boost next season's yield.
Kelsay stresses patience for those working in the industry.
He sees the drought as an opportunity for consumers to understand the "vital importance" of agriculture to our state's economy.
He says it is "likely" that some farmers will downsize herds and re-examine their standing in the industry.
Source: Inside INdiana Business Report