Market Update

May 03, 2021


Grain Bin

Opportunities in the grain market.

We are entering an exciting season in the grain markets. Today’s prices are providing some great contracting opportunities for your 2021 crop. We have seen many producers contract a portion of their new crop corn and soybeans on the way up throughout this rally, and I would encourage all to make a plan and set selling goals prior to harvest. Whether that is selling a portion of your production today or having targets in mind, it is typically better to have a plan and be prepared. As the weather and other factors impacting prices change, so can your plan. 

We are also beginning the USDA weekly crop progress report season, which looks at both progression of the crop and rates the condition of the crop. These reports come out at 3:00 each Monday and can be helpful to watch to see how our crop is progressing nationwide. On top of these weekly reports, we will see monthly USDA reports on May 12th and June 10th, and the quarterly grain stocks and planted acreage on June 30th. If you have any questions about information on these reports either prior to their release or after, I will gladly answer them or keep you updated as to what the numbers tell us. 

Premier has a fleet of grain trucks and quality drivers to haul both your stored old crop grain and new crop grain out of the field. Contact Jory today at 608-308-4889 to discusss how Premier can help you get starterd on a plan or add value to your existing marketing strategy.
 

Jory Bossuyt

Grain Lead & Merchandising
 

Latest Posts

Mar 31, 2026

After nearly a decade in this role, it is not often a question of “if” herds are overcrowding, but more so “how much”? There are a ton of factors to consider when deciding to keep a cow around. Is she carrying a black calf? Is there enough feed inventory on hand to feed the herd and have the desired carryover? What might the income per stall look like at 140% overcrowding versus 125%? The challenge is that no two dairies have the same answer.

Mar 31, 2026
As spring inches closer, it gets more tempting each day to fire up the tractor and get in the field. However, deciding when to plant is one of the first (of many) management decisions that will impact your crop’s performance this season. Here are six tips to help you decide the right time to put your corn and soybean seeds in the ground.
Mar 31, 2026
In case you skipped Matt’s article to get to your favorite section of the newsletter, Farmers Union Cooperative of Ossian, IA will be merging into Premier Cooperative on August 1st. I’ve been there a couple of times, and I’m really impressed with their staff, facilities and rolling stock. Their energy division is rock solid, and I am very excited to begin working with them.