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Spencer Langford

Economist, Pro Farmer

Spencer Langford grew up on a dairy and tobacco farm in central Kentucky. After that, he attended Western Kentucky University and received a B.S. in Agribusiness while also publishing research on small farmers financial well-being. Following graduation Spencer worked for USDA’s National Agricultural Statistics Service for 5 years where he primarily worked on row crop and livestock estimates across the Delta and Mid-South states.

Historical ratio to crude oil indicates the crop may still be undervalued
Rising oil futures offered support to grains
Milder improvements were also noted in the southern U.S.
Drought in the Plains shows impact in initial survey results
Partial relief expected for the Plains next week
Unseasonably warm temperatures are expected to continue next week
Drought is expected to persist for most of the southern U.S.