diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 2badffa..d7c4624 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -14,6 +14,8 @@ Change Log
 Unreleased
 **********
 
+* Changed ordering of certain context assignments in producer code.
+
 [5.3.1] - 2023-08-10
 ********************
 Fixed
diff --git a/edx_event_bus_kafka/internal/producer.py b/edx_event_bus_kafka/internal/producer.py
index 08a216f..3125027 100644
--- a/edx_event_bus_kafka/internal/producer.py
+++ b/edx_event_bus_kafka/internal/producer.py
@@ -284,13 +284,17 @@ def send(
         context = ProducingContext(signal=signal, initial_topic=topic, event_key_field=event_key_field,
                                    event_data=event_data, event_metadata=event_metadata)
         try:
-            context.event_data_as_json = json.dumps(get_signal_serializer(signal).to_dict(event_data))
-            context.event_metadata_as_json = event_metadata.to_json()
+            # Please keep these context assignments in order from least-likely-to-error to most-likely-to-error so that
+            # we have as much context as possible in error logging.
             full_topic = get_full_topic(topic)
             context.full_topic = full_topic
 
+            context.event_data_as_json = json.dumps(get_signal_serializer(signal).to_dict(event_data))
+            context.event_metadata_as_json = event_metadata.to_json()
+
             event_key = extract_event_key(event_data, event_key_field)
             context.event_key = event_key
+
             headers = _get_headers_from_metadata(event_metadata=event_metadata)
 
             key_serializer, value_serializer = get_serializers(signal, event_key_field)