Corn and soybeans expected to rise in price

Posted by IronPlanet on Dec 29, 2011 7:19:00 PM

Earlier this week, thanks to the favorable influence of outside markets, the trading prices of corn, soybeans and wheat went up. According to Agriculture.com, corn futures rose two cents per bushel, soybeans saw an increase of about two and a half cents and wheat grew about five cents. Overnight grain trading has also proven beneficial for prices. Farmers have been enjoying a steady stream of success all year, and the increased value of these commodities can only make things better.

Those looking to take advantage of increased demand for these may want to make sure their agricultural equipment is ready for higher levels of production. With IronPlanet's unique marketplace, finding a necessary item has never been easier.

Best of all, IronClad Assurance helps give potential buyers the peace of mind needed to bid with confidence on a particular item. A local IronPlanet representative will personally visit the equipment and perform a thorough visual inspection, taking 50-100 photographs. This ensures that the item is reflected perfectly on its auction page.

Topics: Industry Headlines