Episode 38 - March 31st Prospective Plantings and Price Implications for Corn and Soybeans

 In this episode of Morning Coffee and Ag Markets, Riley and Scott dive deep into the USDA's March 31 Prospective Plantings report and its price implications for corn and soybeans. They break down the anticipated 95.3 million acres of corn—4.7 million more than last year—marking the highest U.S. corn acreage since 2013. This surge, however, puts downward pressure on corn prices, especially with a potential record crop in 2025. Meanwhile, soybean acreage is set to decline to its lowest level in five years, potentially tightening supplies and driving prices higher. Tune in as they analyze these trends and explore what they mean for farmers and the broader market.