Thursday, April 22, 2010

Grain Market Update

Over the past few weeks, new crop corn and soybean prices have shown some gains. December 2010 corn is trading in the $3.75 to $3.95 per bushel range and November 2010 soybeans are trading in the $9.20 to $9.60 per bushel range. Price movements have been a function of outside price pressure stemming from both the financial industry and energy market. Now that we are entering the growing