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Milk production maintained a sideways trajectory in 2024, finishing the year slightly below 2023. Dairy markets are starting 2025 in reasonably good shape, well positioned for
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AG Insights
Stay Informed About Your Industry
Get the latest insights into the business of agriculture from our team of financial experts and industry analysts. From economic outlooks and policy news to educational resources and producer success stories, our Ag Insights can help you anticipate trends and make more informed decisions.
When Boyd Meyer, a rancher who’s been in the cattle business for 30 years, walked into Denver’s Western Stock Show in 2002, he had no intention…
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Will Trade Issues Dissuade Expansion?
Sow Slaughter Trends Change With the Calendar Sow slaughter trends since the December USDA Hogs and Pigs report changed dramatically. Slaughter was 7% larger than a
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A Sad Sorghum Soliloquy
Background: The market has been unkind to sorghum. Crop year to date through February, exports to China are 70% behind the five-year average pace. And while
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Know When to Hold ’Em
Headed into the 2025 growing season, there are two big, unanswered questions for the soybean market: How many acres will be planted? How many U.S. soybeans
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Why There Will Be Fewer Processing Tomato Acres in 2025
High interest rates make the prospect of holding more inventory more costly, leading to lower contracted tonnage. Situation The first report released each year for California’s
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Wheat Needs a Market Mover
Background The U.S. wheat industry is stuck at “average.” Relative to the 15-year average: The old-crop 2024/25 U.S. stocks-to-use ratio is only 2% higher The amount
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Still Down, With Some Signs of Life at the High End
The premium and luxury segments saw smaller losses than the value segment. For the fourth consecutive year, wine sales volumes fell in 2024. However, the pace
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The Sneaky Barrier to Herd Expansion: Big Cows
Over the past 18 months, the industry has been consumed with cow slaughter and the lack of heifer retention. We have talked about what’s holding back
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Best Trade Friends Forever?: Part 2
By Matt Clark, Senior Rural Economy Analyst In “Best Trade Friends Forever?: Part 1” we assessed the export risk profiles of major U.S. crops as the
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A Nut Worth Cracking: Assessing Demographic Change for the Nut Market
With around 70% of production exported annually, the U.S. tree nut industry relies heavily on export markets for growth. Key Takeaways Situation: The California tree nut
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Post-Liberation, What We Know (for now)
President Trump, on April 3, announced a range of reciprocal tariffs with the overarching, stated goal of rebalancing global trade relationships. The U.S. will apply a
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Early Market Impacts of New Cheese Plants Arrive
By Ben Laine, Senior Dairy Analyst Dairy markets are experiencing significant changes, and some early market impacts are beginning to appear. Two additional major cheese processing
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Official ECAP Payment Rates Released
Background On December 21, 2024, Congress passed the American Relief Act of 2025, authorizing up to $10 billion in economic assistance to producers and about $20
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Decision Time Looms for ARC and PLC
With spring crop insurance decisions behind farmers, all eyes next turn to the April 15 deadline for enrollment in Agriculture Risk Coverage (ARC) and Price Loss
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Small Adjustments Coming for Beef-on-Dairy Calf Supplies
In a time of tight supplies for beef cattle and slim margins on dairies, dairy producers saw an opportunity to breed more of their cows to
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Does Dairy Need New Success Benchmarks?
(This information was originally presented during a January 21, 2025, GrowingOn® webinar hosted by Farm Credit Services of America®. Watch the recording here: GrowingOn® | FCSAmerica.)
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Can Macroeconomics Explain the Almond Market’s Improvements?
Describing the last few years in the almond market as challenging would be an understatement. Prices throttled by excess supply have been met with tariffs, increased
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Can BRICS+ Stack Away the U.S.?
As I have traveled the dirt roads of rural America, farmers have increasingly asked about the economic alliance known as BRICS (Brazil, Russia, India, China, South
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Lower Feed Prices Could Bolster 2025 Margins
“U.S. feed supply should be more than adequate in 2025, if weather cooperates. Given the expected lower feed prices, dairy farm margins should continue to improve
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Terrain™ Launches “The Big Shrink” Report Series
How Can U.S. Agriculture Prepare for an Aging and Peaking Global Population? OMAHA, Neb., and SANTA ROSA, Calif. – In the not-so-distant future, the global population…
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