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Drought is playing a definite role in high prices right now, but other factors are also at play.

Ben Potter, Senior editor

May 6, 2021

1 Min Read
Midweek Markets with Jacqueline Holland and Ben Potter

As spring progresses, grain prices continue to move higher. Are we in a true weather rally right now, or are other scenarios also affecting the markets right now?

In some regards, weather is providing some cooperative opportunities to keep planting pace ahead of schedule in many areas. But there are some problematic areas across the Corn Belt where overly dry conditions could hamper yield potential.

And then there is the strong set of supply and demand fundamentals to consider. Throw outside investors creeping into the commodity space, ethanol production trends and Chinese livestock feeding strategies, and we had a lot to discuss this week.

Listen to Midweek Markets podcast for May 6, 2021:

Farm Futures Market Update · 05 - 06 - 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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