By Bryce Knorr
Farm Futures
With combines rolling across the Midwest, some 20 million bushels of 2021 crop corn and soybeans are quickly filling grain bins. But whether holding crops will actually add to their value remains highly uncertain as an unusual growing season comes to an end.
For starters, despite an export pipeline snarled by storms and the lingering effects of the pandemic, prices are at the best harvest level in a decade. And prospects for rallies face questions about whether China will continue to aggressively buy U.S. grain as its leaders reassert the grip of the Communist Party over the country’s businesses and people.