Acreage stock price forecast models price growth potential at 6% over the next quarter given synergies from strategic partnerships in cultivation and distribution channels, reducing operational costs. October NY world sugar #11 (SBV25) today is up +0.15 (+0.94%), and December London ICE white sugar #5 (SWZ25) is up +6.50 (+1.41%). Mapping FSA acreage data to NASS estimates involves adjustments to reflect both additional acreage that will be FSA-enrolled between August and the end of the crop year and the expected difference in FSA acreage and NASS figures because not all farms and acres are enrolled in FSA programs. This two-step approach was used to assess FSA acreage data in previous farmdoc analyses ( Irwin and Hubbs 2020 Janzen and Franken 2023 Franken and Janzen 2024 ). Given that farmed acres are enrolling in farm programs earlier and in greater numbers than in the past, and in light of surprising acreage revisions in the August WASDE report, this analysis uses adjustment ratios computed from just last year’s data, which are some of the highest observed in recent history, and hence, provide fairly conservative estimates of final NASS planted acreage. The Acreage stock price forecast model suggests a potential 7% rise over the next 30 trading sessions, driven by improving EBITDA margins and anticipated market expansion in key states. Price action strongly correlates with broader cannabis ETF performance.
