Grain marketing · Apr 30, 2026
Sell the rest of the soy now. Hold the corn.
Soy just hit the $11.44 we were watching for. We're still a little ahead on what we wanted sold by now, but prices are starting to back off. June bills are coming due — better to move what we have left before it drops more. Corn is holding its own, so we're leaving it for now.
* We're behind schedule on the planned selling tranches — midyear takeover meant we couldn't implement them. Going forward we'll have better discipline on the tranches, but they're still a useful indicator for when to sell against the plan we're exploring.
The gauges behind it
The basis — what the local cash market is telling us
Set-the-basis calculator — lock it now, or wait
Why our calls lean toward selling
We took over the marketing midseason, so we’re catching up on the tranches a steady plan would have priced earlier in the year. A farm that sold in disciplined pieces all along would sit more patient here — our calls tilt toward pricing into strength because we’re closing that gap, not because selling now is always the right long-term move. As we get back on the plan, expect the calls to even out between holding and selling.
—
—
The lines are the price pattern we usually see through the year (October harvest low = 0%). The dot is where today’s price sits on that pattern — it updates every day.