South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his bins when prices neared 4.5-month peaks last month.
He sold some, but is waiting for buyers to up their bids to sell more. Prices have since eased and are hovering just above three-year lows posted in February.
"There's a lot of corn out there but it's sitting in the farmers' bins and not the end-users' hands," Kroupa said.
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