News & Publications

News & Publications

July 2, 2024 | Brett Mapel, Ag Risk Management Advisor

Will Corn and Soybean Acreage Drop?

Will Corn and Soybean Acreage Drop?

Ag Marketing IQ: The June 28 USDA report fizzled, but historically expected drops in acreage and weather, global demand and elections could still spark a rally in 2024/25 grain markets.

In the small town where I grew up, our 4th of July parade was a big deal and attracted many people from the surrounding area. Yet, as a young boy, I was always much more enamored by fireworks. What kind? Any kind that exploded, smoked, made noise, you name it. Thankfully, I did not have any experiences where those fireworks injured me, at least that I can recall.

Some may say we’ve had some early fireworks in the markets. Let’s look at some of those and see what potential surprise fireworks could still be in store.

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