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Ag Marketing IQ: Whether a bear or a bull, marketing tools can help farmers sell now to capture the rally while staying open to higher price opportunities, but protecting your floor.

The ag markets have not been a fun topic for the last couple of years. We are well off the high corn and soybean prices seen in 2021-23.

Margins continue to be squeezed at these low price levels, coupled with high input costs. There have been months at a time when farmers didn’t see breakeven prices and were not motivated to sell their crops. But it may not all be doom and gloom, especially when it comes to the soybean markets. 

November 2026 soybean futures are currently over the $11 mark for the second time in the last 16 months. We had a rally up to $11.30 in November after a Chinese trade agreement was announced. That rally was short-lived, and the market broke 85 cents by the new year. Since then, we have been able to climb back to $11.13, a number that many farms can pencil a profit on, given APH yields. A few questions may bounce back and forth with this rally.

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