Canola and soybean prices have been on the rise as of late.
Dan Basse is president of AgResource Company in Chicago.
We asked Basse if he expects that trend to continue.
"We will see that continue if indeed there is a problem with South American crop sizes, either dry weather for Argentina or maybe a lower than expected yield for Brazil," he said. "At this point, China's made big purchases in the United States markets, we do have a new harvest coming forward in Brazil. I think you need be careful of being overly bullish up here, unless you have those crop problems."
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