Farmers took time out from spring planting to sell more old-crop and new-crop corn and soybeans last week when crop markets sped higher; however, that selling quickly stopped when prices fell on Friday, and the selling remained slow during Monday’s higher prices.
“On Friday, the phone died,” a central Illinois dealer said of the market’s impact on farmer selling. The phone’s stayed dead on Monday, he added.
New-crop soybean sales were particularly active last week as the hig
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