The beginning of June this year has been one of the hottest on record for Minnesota, but farmers and grain buyers, at least in southern Minnesota, are fortunate for the rain that came before the excessive heat, reports KTTC.
Although the state is only in a moderate drought at this point, according to the U.S. drought monitor, continued time without rainfall could cause it to become severe.
There are several risks grain buyers and farmers would then face.
"For me it would mean I would not be able to buy as many bushels as maybe I would like to. For farmers it would mean crop loss, potentially loss of income," Pete Courteau of Central Farm Service told KTTC.
Other risks involving severe drought include fire danger as well as an increase in price of feed and water supply.