An extension grain market economist is having a hard time describing the ongoing rally.
Ed Usset with the University of Minnesota tells Brownfield “unprecedented” might be one way considering what transpired between August and February.
“It was the strongest in March corn (and) March soybeans that we’ve had in 40 years at least. And that’s compared to some incredible years.”
What might even be more remarkable, he says, is what has occurred the past 10 trading days with corn and wheat gaining a dollar and soybeans up more than a dollar.
