Tidbits, Free DP for Soybeans, Gold 10/19/25
- Wright team
- 3 minutes ago
- 5 min read
Free DP for Soybeans
From Reuters News:
In an unusual offer during the peak of autumn harvesting, ADM is allowing farmers to deliver soy to its facility in Decatur, Illinois, and set the final sale price later, without paying for storage, the two sources said.
In exchange, ADM will take ownership of the soybeans, enabling it to process the crops, they added.
ADM’s offer, known as free deferred pricing, will be available to farmers until the end of October, and those who participate have until September 2026 to set a sale price, according to the company employee.
"That tells me they need beans, that they don’t have enough beans to keep their process running," said David Isermann, a farmer in Streator, Illinois, who will not take part in ADM’s program.
Read all about it at: https://www.investing.com/news/stock-market-news/adm-seeks-to-lure-soy-sales-from-us-farmers-as-prices-languish-sources-say-4294100
All right, Folks, you know we have a generally never recommended DP. We were thrown for a loop last Monday when one of our clients said his local elevator in NW Wisconsin was offering free DP during peak harvest, something probably all of us had never heard of.
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