Corn and Soybean Growers Face Ongoing Economic Pressures
The corn and soybean growers in the US are still facing economic pressures despite recent price improvements in both commodity markets. A new report co-authored by the National Corn Growers Association (NCGA) and American Soybean Association (ASA) documents ongoing economic challenges across farm country.
A survey conducted by Farm Journal of 1,200 corn and soybean farmers across the country found that nearly two-thirds of growers are moderately or very concerned about the farm economy. This level of concern is higher than what was seen last year, with 46% of growers more concerned about their farm financial situation than they were a year ago.
According to Krista Swanson, NCGA Chief Economist, 'It's an interesting time to receive this feedback from corn and soybean growers. Corn prices have improved substantially in recent weeks, which helps grower sentiment.' However, she notes that farm profitability doesn't reset with one market move or one crop year.
The survey also showed that farmer expectations for the 2026 crop leave little room to absorb additional cost increases. High input costs remain a key concern among farmers, and price improvements do not address this issue.