May 08, 2022

South Dakota farmers optimistic about commodity prices

Posted May 08, 2022 5:15 PM

By Associated Press

LAKE PRESTON, S.D. (AP) — 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.