CBOT corn futures for December delivery rose the daily trading limit of 30 cents to $3.47-3/4 per bushel, the highest level in more than a month. Corn for March and May delivery also went limit up.
CBOT November soybeans rose nearly 7 percent to as high as $9.77-3/4. Soymeal futures for delivery through March rose the rose the daily trading limit of $20 per ton.
U.S. crops have thrived this summer, and the U.S. Department of Agriculture last week projected a record harvest of soybeans and a near-record corn crop.
I has always been fascinated by the huge volatility and those lock limit price moves - here is one to rebebmer.