by Feed & Grain Times magazine
Reuters’ Tom Polansek reported that Archer-Daniels-Midland (ADM) is offering U.S. soybean farmers an unusual incentive to deliver crops to its Decatur, Illinois, processing facility this month. The company allows farmers to deliver soybeans now and set the final sale price later–without paying storage fees–through the end of October. Farmers have until September 2026 to finalize prices.
The move comes as low prices, driven by bumper harvests and China’s shift to South American soybeans amid trade tensions, have led many growers to store crops rather than sell. ADM’s offer helps processors secure supplies needed to maintain operations.
“That tells me they need beans, that they don’t have enough beans to keep their process running,” said farmer David Isermann.
Deferred pricing appeals to farmers facing limited storage space and high input costs. Despite weak markets, soybean crushings recently reached near-record levels, highlighting processor demand.
U.S. Agriculture Secretary Brooke Rollins indicated potential aid for soybean farmers once the government shutdown ends, as many producers struggle financially.
