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Midweek Markets: Talking wild winter weather

We discuss how ice, snow and widespread subzero temperatures are affecting the industry.

Ben Potter, Senior editor

February 17, 2021

1 Min Read
Midweek Markets with Jacqueline Holland and Ben Potter

If you live in the Midwest or Plains, It’s only natural to see some snow and colder temperatures in the winter. But the weather this month has started out on a particularly severe streak that left the agriculture industry with a bevy of logistical problems.

Ice on the river can disrupt barge traffic, for example. That one might be fairly obvious, but did you know some ethanol plants are selling their own stocks of natural gas? That’s because prices have shot up so much from increased demand that doing so is a fairly lucrative practice at the moment.

The frigid February weather has affected grain prices as well – particularly winter wheat, a crop currently at risk of winterkill damage. But weather has not been the only market mover this week. We also talked about acreage expectations for 2021 and much more.

Listen to the latest Midweek Markets podcast for February 17, 2021:

Farm Futures Market Update · 02 - 17 - 2021 MM Podcast

 

About the Author

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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