The director of grain origination for CHS is one of many surprised by the preharvest rally.

Megan Schmit says if she was asked three months ago where prices would be going into harvest, it would not be at current levels.

“Right now in soybeans we have surpassed the $10 mark, which is unbelievable, wonderful, and great for producers to be able to take advantage of.”

On corn, she says prices could continue to strengthen as the December contract hovers around the $3.70 per bushel.

…