The U.S. farm belt is set for a record corn and soybean harvest in 2024, driven by favorable weather conditions, despite falling grain prices that have left farmers concerned about profitability. A recent crop tour indicated that while corn yields may not exceed those of 2021, cooler August temperatures could still enhance kernel growth, potentially leading to strong yields. In Arkansas, farmers are already harvesting corn and rice ahead of last year, but challenges remain in areas like Ohio, where drought conditions are impacting crop conditions. Nationally, USDA reports show that 65% of corn and 67% of soybeans are rated good to excellent, though some regions are facing stress from hot and dry weather. The USDA's crop progress report indicates that development is ahead of average for many crops, with notable progress in cotton and rice as well. Overall, while the harvest looks promising, farmers must navigate the complexities of pricing and regional weather variability.