Two experts explored major shifts across the commodity sector including rising crude oil prices and changing global relationships, and combined with some unpredictable weather patterns, they say agricultural markets are on a wild roller coaster ride.
Analysts noted that higher crude prices are supporting energy markets, while adding pressure to inflation concerns, creating mixed reactions across the broader economy.
Soybean meal and cotton have reached new contract highs, with livestock producers advised to secure meal supplies early.
While cotton prices are increasing, the two experts say many cotton farmers still struggle with profitability.