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.
Stored corn
9,115bu
at Ritchie · ≈ $40,724 @ $4.47
Stored soy
0bu
sales a bit ahead
Cash on hand
$25k
~$30k due Jun · need a sale
How prices usually move through the yearLines show the usual price path vs. the low right after harvest (October = 0%). Dots = where today's prices sit on that pattern.
The lines show the price pattern we usually see. Right now soy is higher than its normal June spot (good for selling). The shaded strip is the time we need cash for bills — we want to sell while prices are strong.
Insights & Actions
Analyzing markets…
Corn · Ritchie
$4.47
elevator bid
Soy · Ritchie
$10.84
elevator bid
Basis · Ritchie
−18¢
corn · soy −4¢
Diesel · /gal
$3.42
+8¢ / 14d
DXY
102.8
6-wk low
Days to Jun bills
31
tax + Ritchie + Lattering
Season sales · MY 2025-26when we sold · what we got · running totals · as of today
Soy sold
2,898bu
avg $10.10 · $29,282
Corn sold
3,500bu
avg $4.03 · $12,617
Combined
6,398bu
$41,899 gross
Still at Ritchie
0bu soy
9,115 bu corn
Date
Crop
Buyer
Bushels
$/bu
Total
Oct 28 '25
Soy
Posen Coop
472
$9.82
$4,612
Oct 30 '25
Soy
Posen Coop
336
$9.89
$3,293
Oct 30 '25
Soy
Posen Coop
429
$9.90
$4,224
Oct 30 '25
Soy
Akron / Ritchie
1,500
$10.61
$15,564
Oct 31 '25
Soy
Posen Coop
161
$9.97
$1,589
Nov 11 '25
Corn
Akron / Ritchie
3,500
$4.03
$12,617
May 5 '26
Soy
Akron / Ritchie
~1,000
—
pending
Pending row reflects a Bushel storage drop not yet booked in the ledger.
Once entered, it'll move to a normal row with price + total.
Illinois farmland · valueUSDA NASS cropland value · $/acre
Off the 2024 peak — about $200/ac correction since Aug '24
Quarterly drift — −2% over the trailing four quarters
Rate-driven — borrowing cost is biting cash buyers
Still elevated — 27% above the 2020 baseline
Flat baseline — ~$7.3k from 2016 through 2020
Post-COVID inflection — 2021 surge as ag assets repriced
Peak 2024 — $9,500/acre, +28% vs 2020
2025 cooling — slight pullback as rates bit, still 27% above 2020
4.3× total — 30 years of compounding, ~5% annualized
Source: USDA NASS Land Values, annual August release; quarterly view supplemented with Chicago Fed AgLetter survey. Values rounded to nearest $100. Illinois cropland average — productive ground (PI 133+) trades materially above this.
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Grain marketing · May 5, 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.
Stored corn
9,115bu
at Ritchie · ≈ $41,656 @ $4.57
Stored soy
0bu
fully sold
Cash on hand
$25k
~$30k due Jun · need a sale
How prices usually move through the yearLines show the usual price path vs. the low right after harvest (October = 0%). Dots = where today's prices sit on that pattern.
The lines show the price pattern we usually see. Right now soy is higher than its normal June spot (good for selling). The shaded strip is the time we need cash for bills — we want to sell while prices are strong.
Insights & Actions
Analyzing markets…
Corn · Jul
$4.57
+10¢ / 5d
Soy · Jul
$12.18
+50¢ / 5d
Basis · Ritchie
−28¢
corn · soy −4¢
Diesel · /gal
$3.42
+8¢ / 14d
DXY
102.8
6-wk low
Days to Jun bills
27
tax + Ritchie + Lattering
Season sales · MY 2025-26when we sold · what we got · running totals · as of today
Soy sold
2,898bu
avg $10.10 · $29,282
Corn sold
3,500bu
avg $4.03 · $12,617
Combined
6,398bu
$41,899 gross
Still at Ritchie
0bu soy
9,115 bu corn
Date
Crop
Buyer
Bushels
$/bu
Total
Oct 28 '25
Soy
Posen Coop
472
$9.82
$4,612
Oct 30 '25
Soy
Posen Coop
336
$9.89
$3,293
Oct 30 '25
Soy
Posen Coop
429
$9.90
$4,224
Oct 30 '25
Soy
Akron / Ritchie
1,500
$10.61
$15,564
Oct 31 '25
Soy
Posen Coop
161
$9.97
$1,589
Nov 11 '25
Corn
Akron / Ritchie
3,500
$4.03
$12,617
May 5 '26
Soy
Akron / Ritchie
~1,000
—
pending
Pending row reflects a Bushel storage drop not yet booked in the ledger.
Once entered, it'll move to a normal row with price + total.
Illinois farmland · valueUSDA NASS cropland value · $/acre
Off the 2024 peak — about $200/ac correction since Aug '24
Quarterly drift — −2% over the trailing four quarters
Rate-driven — borrowing cost is biting cash buyers
Still elevated — 27% above the 2020 baseline
Flat baseline — ~$7.3k from 2016 through 2020
Post-COVID inflection — 2021 surge as ag assets repriced
Peak 2024 — $9,500/acre, +28% vs 2020
2025 cooling — slight pullback as rates bit, still 27% above 2020