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CBOT December corn rose from below $3.60 per bushel in early September to over $3.90 in October, and November soybeans climbed from about $8.60 to $9.35. Local cash corn improved by over 50 cents per bushel at some locations, though rising prices reduce Revenue Protection crop insurance indemnities.
Higher harvest-month prices improve producer margins and cash bids, which can encourage farmers to sell grain and affect feed grain availability into winter.
proag.comOct 31, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
