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Farm Futures takes a closer look at a few anomalies worth tracking this week.

Ben Potter, Senior editor

February 25, 2021

1 Min Read
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Ethanol production tilted 28% lower this past week to multi-month lows of just 658,000 barrels per day. The question is – why? Hint: it had something to do with subzero temperatures and surging natural gas prices.

That’s just one of several topics we discussed in the latest Midweek Markets podcast. There are also several trends that have been driving grain prices substantially higher in recent sessions, including weather woes in the U.S. and abroad. For example, the South American soybean harvest has been hampered by recent rains, and freezing temperatures earlier this month may have damaged crops in the U.S., along with Ukraine and other Black Sea region countries.

Farm Futures grain market analyst Jacquie Holland also breaks down what she learned at last week’s USDA agricultural outlook forum and tells producers what’s worth monitoring moving forward.

Listen to the latest Midweek Markets podcast for February 24, 2021:

Farm Futures Market Update · 02 - 24 - 2021 MIDWEEK MARKETS

 

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Ethanol

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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