Farmers Hold Back Harvest as Low Grain Prices Persist
According to Market Talk, falling CBOT grain futures are slowing new-crop sales as farmers choose to store their harvest rather than sell at current levels.
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what happened
Lower CBOT grain futures are slowing the flow of the new harvest to market, Market Talk reports. AgResource says new cash sales are limited, as few farmers are willing to sell a lower-yielding corn crop.
Soybean cash sales are being noted, with yields matching last year's record. However, AgResource expects cash selling from U.S. farmers to subside after this week.
In the most-active contracts, corn fell 0.8%, soybeans slipped 0.5% and wheat dropped 1.7%.
why it matters
For markets, slower deliveries can briefly support grain prices, while farmer storage shifts some of the pressure onto elevators and traders. Exporters and agribusiness companies will watch how quickly the harvest starts reaching the market.
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sources
- Farmers Seen Storing Harvest Amid Low Prices — Market Talk, 20 October 2026 at 17:59 UTC
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