Ag Markets Reflect Uncertainty

Ag Markets Reflect Uncertainty

Lorrie Boyer
Lorrie Boyer
Reporter
As planting season approaches, the weather patterns for 2025 are starting to bring some uncertainty. Matt Bennett, Co-founder of AgMarket.net,

“Sixty-percent chance of a drought that would impact national yield. He's very concerned about the western Corn Belt, I think more so than the whole corn belt. You know, a lot of it has to do with just the fact that subsoil moisture is so low. You know, you look at last September and October, very statistically significantly dry. And there's not very many years that are that were as dry as that. And would that be in the case, you got to go back and ask what those other four years look like, which is all there was that were as dry as we were last September and October, three of those four years had drought affecting, you know, yield affecting drought when it

comes to ag markets.”

Bennett says another concern is that the markets are being oversold.

“Due to the fact that money has gone to the sidelines. And it's not just in ag markets. I think there's a lot of people looking for a safe place for their money in the midst of so much global unrest. And so I do think that if you can kind of stabilize where we're going, and at least even if it's not the news we all want, if we know the direction that we're going here, if we can get a little more certainty, I've got to think that some of that money returns to the market, and I do think that it could be on the buy side.”

Once again, AgMarket.net Co-founder, Matt Bennett.

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