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Taking a closer look at this week’s weather rally.

Ben Potter, Senior editor

April 21, 2021

1 Min Read
Midweek Markets with Jacqueline Holland and Ben Potter

Planting was put on pause in most fields across the Midwest and Plains this week as rain, snow and cold weather hampered fieldwork. That has given grain prices a healthy boost in recent sessions, with corn climbing above $6 for the first time in years, and with soybeans sitting on multiyear highs as well.

Strong supply and demand fundamentals have also contributed to the latest red-hot corn and soybean prices, with adverse weather overseas and some geopolitical concerns between Ukraine and Russia also proving supportive for wheat prices.

Other thoughts for consideration – can ethanol production claw its way back to pre-pandemic levels? And how badly will the latest round of inclement weather stall planting progress moving forward?

We address those questions and more in the latest Midweek Markets podcast.

Listen to the this week’s Midweek Markets podcast for April 21, 2021:

Farm Futures Market Update · 04 - 21 - 2021 MM PODCAST

 

About the Author(s)

Ben Potter

Senior editor, Farm Futures

Senior Editor Ben Potter brings two decades of professional agricultural communications and journalism experience to Farm Futures. He began working in the industry in the highly specific world of southern row crop production. Since that time, he has expanded his knowledge to cover a broad range of topics relevant to agriculture, including agronomy, machinery, technology, business, marketing, politics and weather. He has won several writing awards from the American Agricultural Editors Association, most recently on two features about drones and farmers who operate distilleries as a side business. Ben is a graduate of the University of Missouri School of Journalism.

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