Challenges, Opportunities of High Grain Prices | Agriculture News Update

May 11th, 2021

Yesterday, the market was in correction mode to start the week. Grains hit 8 year highs last week and likely have nearby technical support if the momentum would want to switch directions. Still, prices are dramatically higher than they were just weeks ago.

With the price increases come challenges and opportunities for those in the agriculture industry.

Jeff Peterson, the President of Heartland Farm partners says the opportunity is for grain farmers to lock in prices for the new crop at profitable levels. He cautions, however, that higher prices mean more acres in production.

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