The records continue
Here we are again. The markets have absorbed record projections for supply and demand, a good amount of crop moved just before harvest to clear out bin space, and harvest has been relatively smooth. That combination of factors took corn prices to new lows and cut the prospects for soybean prices. Whether these prices will be the lows for the harvest season depends on the movement of grain this fall and the willingness of international markets to dive into the crop markets this winter.