Source: Ukragroconsult (Ukraine)
US farmers grain sales rising prices have prompted active marketing of corn, soybeans, and wheat. Moreover, American farmers began this selling following a sharp rise in grain prices caused by the war with Iran. Since the start of the conflict, grain prices on exchanges have risen significantly. Consequently, producers can sell part of last year’s harvest, which they had been holding onto for a long time due to low prices.
US Farmers Grain Sales Rising Prices: Market Channels and Contracts
According to traders, farmers in the US Midwest are selling grain from elevators to ethanol producers and large trading companies, including ADM and Bunge. Furthermore, many farmers have begun entering into forward contracts to sell crops not yet planted but expected before harvest this year.
Economic Impact and Price Recovery
The price increase was a pleasant surprise for farmers. Additionally, it partially offset the costs of fertilizers, crop protection products, and seeds. However, farmers note that this is not yet enough to fully overcome the ongoing crisis in the agricultural economy in recent years.
Inventory Data and Price Milestones
According to USDA data, as of December 1, farmers stored 14% more corn than a year earlier. Meanwhile, they stored 2% more soybeans. These significant grain inventories allowed farmers to quickly take advantage of rising prices and bring their produce to market.
Prices were also supported by a sharp rise in oil prices. Consequently, this increased demand for crops used to produce biofuels. Against this backdrop, soybean futures on the Chicago Board of Trade reached their highest level since May 2024. Furthermore, corn reached its highest level since May 2025. Additionally, wheat reached its highest level since June 2024.