Grain futures saw large gains in overnight trading coming into Monday with corn and wheat up more than 25 cents and soybeans up more than 40 cents.
University of Missouri ag economist Ben Brown tells Brownfield the large upward swing isn’t a shock as February ends and the nearby contracts go into delivery…
“People don’t like to be exposed and so we saw people leave the markets Friday [and] cause the big drop; I think soybeans were down 70 cents on close on Friday,” he said.
