Minnesota farmers are hauling in what could be record corn and soybean yields, but low prices and tight storage are squeezing profits. Experts reveal what it means for farm income and strategy in 2025.

Brad Kooima of Kooima Kooima Varilek says cattle futures saw some recovery on the opening Monday after a melt down on Friday which produced limit down closes in most of the feeder cattle contracts.

The price action in corn was impressive to Jerry Gulke, president of the Gulke Group, in part because it came during the gut slot of harvest when farmers are gathering a predicted record crop.

Oliver Sloup, Blue Line Futures, says corn, soybeans and wheat all saw technical buying this week after bouncing off key support on the charts. The key is can the markets build on it next week?

The impact of disease and dry conditions are becoming increasingly evident as combines roll. More than 70% of farmers report steady or lower yields in Ohio, Indiana, Illinois, Iowa, Minnesota, Nebraska and South Dakota.

Joe Kooima of Kooima Kooima Varilek says the funds were liquidating long positions on the open Friday after President Donald Trump said the administration was working on a plan to lower beef prices. Some of it was triggered by algorithm trades that key their formulas off headlines.

Clean Fuels Alliance America has sent a letter to the Environmental Protection Agency (EPA) and a copy to USDA Secretary Booke Rollins, saying EPA’s pending Supplemental Notice on Renewable Fuel Standards (RFS) for 2026 and 2027 may have a major negative impact on the U.S. agricultural economy.

Kevin Duling of KD Investors says soybeans saw some short covering and technical buying but got a fundamental push from rising Brazilian basis levels.

With contributing factors ranging from insect pressure to disease and environmental stressors this season, agronomists say farmers face hard decisions on when to combine their crop in affected fields.

Sam Swanson with The Money Farm says soybeans are seeing short covering as U.S. Treasury Secretary Bessent said the possibility of extending a pause of import duties on Chinese goods for longer than three months exists if China halts its plan for strict new export controls on rare-earth elements.