An ag economist recommends sitting on corn and cashing in when soybeans rally. Todd Hubbs with the University of Illinois says farmers should take a wait-and-see approach to marketing old and new crop corn right now. “I think there’s still room to run.” He tells Brownfield the challenging spring will likely lead to a smaller U.S. corn crop in 2019, although USDA might slow-play that for another month or two. For soybeans, Hubbs says a huge stockpile remains too much for a potentially short U.S.
Continue reading Sit on corn, sell soybeans on the rally at Brownfield Ag News.
