This market is just confirming a bottom and the move to the upside is not over yet. Commodity funds are said to hold very large short positions. That means they scramble to cover their positions, prices will rally more sharply than most people anticipate. Usage for feed grains and oilseeds is picking up. This is brought on by low commodity prices.
Users see real value in feed grains and soy products at the current price levels.
Begin looking for any opportunity to get back into the market for previously sold grain. Do not expect too much of a rally in corn or soybeans. We have to much on hand and a sizable crop coming. Contact your state Extension Specialist for information on any breaking market opportunities that come up. Users of feed grains and oilseeds would do well to lock in the price of their feed needs now.