The market remains strong for farmers moving old crop corn and soybeans.
DTN analyst Todd Hultman says prices are good.
“And they continue to be supported by very strong domestic demand for corn. And we’ve had good export demand for soybeans up till now, and very strong crush demand for soybeans. So it’s been very good news and good rewards for that old crop this year.”
Looking forward, he says corn futures could “toy” with $7 this spring.