$17.59 corn & $55.09 soybeans?!
date:Aug 10, 2012
but do you have the grain, period, Basse said. The Chinese buyers are forthcoming. There's a point we'll reach where we've sold half our beans before we even start the next crop year.
Until those outcomes are reached, Basse and Roggensack agree there's going to be a lot of fuel for the bulls in the next few weeks in both the corn and soybean pits.
It's a skary kind of market for consumers and end-users, Basse said. I expect this bull phase to last until we determine how small the crop size is an
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