Soybean, corn markets take hit; new crops in need of rain
After climbing to more than $15.78 a bushel on July 22, the price for soybeans plunged to $12.95 a bushel on July 25 before making a slight recovery.
The basis — price difference between the board of trade and local cash prices — lost more than $1 on July 22.
Gavilon manager Dean Michaelson said he had never seen the price drop so quickly.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at email@example.com