01/27/2025 Weather Markets, Cattle on Feed, and Colombia

On the Grains
Let’s get it started, we talk about the shift in acres. While the spread favors corn (2.27), we must still put fertilizer on, which is likely the main stopping point. This last rally in corn allowed 2024 producers to become slightly profitable and bankers to look at cash flows and feel a little more comfortable with 2025 plans- even if that does include more corn acres.