Brock and Associates president Richard Brock says another big story at Dakotafest is farmers are still holding onto old crop corn. “I think that’s the number one fundamental in the corn market right now. As we go into the end of the marketing year, too many people were holding onto record supplies of old crop corn. I think it will be very negative for the markets and everyone is ignoring it.” Brock says it can be difficult for farmers to look ahead and market. “People are wounded in these markets. I understand that. If you don’t have a crop, it’s hard to be optimistic,” says Brock. “The other thing farmers need to recognize is without any old crop to cause the market to rally, it’s giving farmers a tremendous opportunity for next spring’s crop.”
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