The grain merchandiser with Premier Cooperative says many farmers are likely still holding onto significant portions of their 2025 corn and soybean crops.
Doug Crop tells Brownfield, “In central Illinois, there definitely is maybe more than we saw the last couple of years still on the farm.” He says, “Mainly because even with the weather we had, for the most part, we had decent crops. And then the pricing for marketing hasn’t been that great. So, I think there’s a little more than in the last few years out there.”
He says areas that saw record production likely have even more old crop on hand.
“The western part of the United States where they had really good production, like in Kansas, and Nebraska, and parts of Iowa, there’s more production there that needs to go south,” he says.
Crop says it has most farmers looking for opportunities like last week’s soybean rally on the potential of more sales to China.
“Sometimes those opportunities for higher prices, if they do move up some, are very short-lived.” He says, “So, we’d like to watch that and be ready to pull the trigger when they’re there.”
Crop says the increased market volatility is making options that keep the price upside open more attractive to many producers.
