What an incredible run we have been on this year. Since October 1, December 22 corn futures have gone from around $5.20 per bushel to north of $7.50 per bushel. Over that same timeframe, November 22 soybean futures have rallied from around $12.40 per bushel to over $15.00.
These higher prices are giving growers an opportunity to sell or protect their crop at significant profits, despite higher production costs.
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