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The White House proposal to use tariff money to provide direct payments to farmers may hurt marketing decisions. “I’ll just say it, I think it makes them worse at marketing because they believe this money bought them some time, let’s see if we can’t catch a rally,” said Tommy Grisafi, president, Ag Bull Trading. “Oftentimes they do, but if they don’t, then they will have paid a lot of money to have stored grain to just be in the same problem they are in now and I think that’s what so many of the ag lenders are worried about.” Watch the Ag Bull Media podcast interview with Grisafi and RRFN’s Don Wick.
