If the year ahead experiences typical weather and similar yields to recent harvests, U.S. corn and soybean farmers could be on their way to breaking records. S&P Global — a leading provider of global financial analysis — reported that 2024 could have enough of these row crops to push harvest numbers over the top.

The report indicated farmers are planning for 93 million acres of corn, a slight decrease (1.7%) from 2023. Soybean acres planted will increase in response, with 85.5 million acres bookmarked for the crop in the report. If yields are comparable to 2023, S&P Global indicates the 2024 harvest could result in 15.39 billion bushels of corn and 4.48 billion bushels of soybeans. Both would be large enough to displace previous record-setting years (2023 for corn and 2021 for soybeans). If the soybean prediction is met, it would be 18 million bushels more than the harvest in 2021.

Read more about predictions for the upcoming year.