Blog Post

Farm Progress America, January 1, 2024

Happy New Year!

Mike Pearson takes a look at the potential ahead in 2024 for row crop producers.

Farm Futures Grains Analyst Jacqueline Holland gives a preview of what could be ahead for corn and soybean producers.

In 2023, the net income for corn and soybeans has been $151.1 billion– that’s down from $188.9 billion in 2022– but it was still profitable for producers.

However, there are issues growers need to be aware of including South America’s soy production. Brazil has a big influence in the corn and soybean markets. Despite hot and dry conditions, 2024 is on track for Brazil to set a…

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