US Farmers Sell Stored Crops as Iran Conflict Lifts Prices
US farmers are selling stored grain as the Iran conflict pushes prices to multi-month highs. Growers are also pre-selling future crops to cover rising costs.
Xurve View
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Xurve View
Agricultural producers across the United States are aggressively selling stored grain as the outbreak of war in Iran triggers a significant price rally. Since military actions involving the U.S. and Israel began, farmers throughout the Midwest have capitalized on rising values by offloading corn, soybeans, and wheat from storage bins to ethanol producers and major global traders, including Archer-Daniels-Midland Company and Bunge Global S.A..
