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NW Indiana | Spring crop insurance prices set at 4.62 and 11.09 with corn down 8 cents while beans up 55 cents yoy. Does this entice enough of an acreage switch back to normal? Does the optimism of china buying 25mmt help get the soybean acres? Last year we starting selling off mid february and really struggled to see those levels again. So far prices are remaining stronger even with the pricing period established. As I said in the post below I think the market has finally recognized the impact inflation had and the results of demand on that. Yes 2025 soybean demand sucks but that was a lot to do with the trade war. I'm optimistic we can see more of a typically seasonal rally this year but also recognize these prices are a lot better than most bushels were sold at so I will continue to reward strength. | |
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4.62 and 11.09
