Soaring corn, soybean prices spark selling

Soaring corn, soybean prices spark selling

With corn topping $4 and soybeans surpassing $10, farmers finally sell stored old and new crops.

ALL it took was higher prices for farmers to sell old-crop and new-crop corn and soybeans — and they sold a lot soon after corn flew past $4/bu. and soybeans roared past $10/bu.

"We were fairly busy every day the board was up," a Des Moines, Iowa, area grain dealer said of recent business. "We set a single-day record for buying corn."

Similar sentiments were expressed across the Midwest.

"We have neve

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