Harvest price discovery period could be weighing on corn market – Voice Of Muscatine

A commodity market analyst suggests the harvest price discovery period for crop insurance could be a recent corn market driver.

Matt Bennett with AgMarket.net tells Brownfield corn rallied over the past week, which is unusual for this point in the season.

“Anytime we are wildly above or below the crop insurance price, it seems like we trend towards it at least for that fall setting period.”

He says with a spring price of $5.91, many growers could stand to collect this year.

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