# Few farmers take advantage of typical spring price rally

> New-crop corn futures rose nearly 13 percent and new-crop soybean futures rose 16 percent between April 1 and June 1, 2016. Farmers largely did not take advantage of the typical spring price rally by selling their crops.

- Date: 2016-06-06 · published 2016-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5264-few-farmers-take-advantage-of-typical-spring-price-rally
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Stronger futures lifted local elevator bids, but low farmer selling means less grain reaching the market, which can keep nearby cash supplies tight.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Few-farmers-take-advantage-of-typical-spring-price-rally

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.