South Dakota farmers optimistic about commodity prices
Published: May. 6, 2022 at 3:06 PM CDT
LAKE PRESTON, S.D. - Farmers in South Dakota says there’s a reason for optimism as they head out to their fields to plant crops this spring.
Commodity markets are up 62% over the 10-year average.
Wayne Soren raises crops and cattle near Lake Preston. Although he’s optimistic as he drives his planter into his corn field, the third-generation farmer also has concerns, mainly about dry conditions. Soren wonders if there will be enough rain to grow a crop this years.
Following the late-April rainstorms, the May 5th U.S. Drought Monitor data shows 69% of the state remains in drought conditions.
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