# Disappointing crop profitability in 2024 - Agweek | #1 source for agriculture news, farming, markets

> A farm management analyst says many upper Midwest farmers expect disappointing 2024 crop profits after excessive rain early in the season and dry weather later reduced yields in parts of southern Minnesota and northern Iowa. Crop insurance coverage and marketing positions also affected final farm returns.

- Date: 2024-12-12 · published 2024-12-12T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13127-disappointing-crop-profitability-in-2024-agweek-1-source-for-agriculture-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weak farm margins in the upper Midwest can reduce future planting and input spending, tightening longer-term feed grain supply and supporting prices over time.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-10-16 | [Harvest season in full swing in the Midwest - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13047-harvest-season-in-full-swing-in-the-midwest-agweek-1-source-for-agriculture.md) | -0.0% | +2.8% |
| CORN | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -0.3% | -6.1% |
| CORN | 2024-02-23 | [Markets aren't concerned about weather — yet - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/31592-markets-aren-t-concerned-about-weather-yet-agweek-1-source-for-agriculture-news.md) | +0.1% | +7.0% |
| CORN | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +2.4% | -1.8% |
| CORN | 2026-04-13 | [As planting begins, finding crops to cash flow remains a challenge - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/19761-as-planting-begins-finding-crops-to-cash-flow-remains-a-challenge-agweek-1.md) | +1.7% | +3.2% |
| SOY | 2025-10-16 | [Harvest season in full swing in the Midwest - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13047-harvest-season-in-full-swing-in-the-midwest-agweek-1-source-for-agriculture.md) | +2.8% | +11.3% |
| SOY | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -2.5% | -4.9% |
| SOY | 2024-02-23 | [Markets aren't concerned about weather — yet - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/31592-markets-aren-t-concerned-about-weather-yet-agweek-1-source-for-agriculture-news.md) | -1.7% | +5.6% |

## Sources

- agweek.com: https://www.agweek.com/opinion/disappointing-crop-profitability-in-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.