The grain trade continues to be driven by cash demand. “Ethanol margins are trading at healthy values and so are soybean crush margins,” says Britt O’Connell, market analyst, Ever.Ag. “As we talk with buyers, they indicate they are having a hard time getting their hands on old crop corn and soybeans.” O’Connell thinks the trade is looking past the planting delays in the Northern Plains. “Every year, someone seems to struggle a bit with the weather. The market takes that in stride.”
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