For the third week of January, the grain markets featured some explosive prices. March corn prices were up 21.75¢ and new-crop December corn prices were up 7.25¢.
Will Long-Awaited Shipments Finally Set Sail? Corn, Soybean Prices Explode on Renewed Chinese Export Interest
China came in with some purchases of soybeans and corn this week, and as rumors of more buys from China continue in the markets, analysts point out some of China's big ag buys from last year still haven't shipped.
Naomi Blohm: Corn and Soybean Market Factors to Watch
It might be prudent to understand various call option strategies that provide upside gain potential should the U.S. drought continue, soaring prices do indeed cause farmers to use less fertilizer or yields are low.
