Pulse Market Insight #266

Jan 07, 2025

Acreage Ideas for 2025

A lot of acreage decisions have already been made for the 2025 crop. Of course, prices play a large role but to some degree, crop rotations lock in most acres as factors like disease and weed control determine which crops can be planted and where. Input costs also influence decisions. Unfortunately, geopolitics and potential trade issues are causing much more uncertainty and risk this year, adding a whole new layer to the decision-making process for 2025.

We’re also hearing more discussion that under the stressed conditions in the last 2-3 years, some crops responded better while others were disappointing. It seems like this performance is shifting farmers’ opinions about which crops to emphasize and which ones to avoid. We’re also hearing that these differences are often local and could cause acreage swings within specific regions.

All these factors make acreage forecasts even more tentative than usual. For our acreage projections, we usually use the word “guesstimate”, admitting there’s as much gut instinct involved as there is hard analysis. With that disclaimer, here’s what we’re thinking for seeded area in 2025.

For pulse crops, acreage should remain solid in 2025. We’ve run some rough gross margin comparisons and received feedback from various sources. For the most part, it looks like pulses are viewed favourably and acres will increase or, at the worst, only decline slightly from last year’s high levels.

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