Commodity Prices

Kealey Bultena / SDPB

Farmers and ranchers in South Dakota must decide whether to save the money they make from crops and livestock or reinvest it. The growing season is well underway for South Dakota farmers, and ranchers are watching markets as they raise their animals. 

Record commodity prices for corn and soybeans are gone, and that has some farmers keeping their money in the bank instead of spending it on upgrades and new equipment. South Dakota Secretary of Agriculture Lucas Lentsch says growers remain cautious.