Corn is trading even and soybeans are up five this morning. Trade has shown low volume early this week. Yesterday saw 90% of the US corn crop harvested, as reported by USDA report.
A story by Wire reported that of the $12 billion bailout only $838 million has been paid out so far. This program has been available since September, and the limitations are dragging out the ability for farmers to use it. Chinese and their government are looking to also make their farming practices more efficient, and lower their import demand.
We have several adjustments to our receiving hours in the next week be sure to visit our website or call in to get the latest schedule.
Have a Great Day!