Still recovering from 2023, the hog industry continues to slowly climb to a place with a better view. Margins are still thin, heightening the industry’s risk
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Jake Morris was eight years old when he started riding along with his father to work in Northern California, learning the logging trade under towering canopies…
Read MorePolicies at Home and Abroad Will Shape 2025 for Soybeans
Global oversupply and flat global demand have driven January 2025 soybean futures down 30%, to $9.95/bu., from last year’s $12.95/bu. The bearish trend is currently projected
Read MoreSome Light at the End of the Tunnel
The $50+ market segment has shown the greatest improvement this year. Sales Improve Most for High End of Market Sales volumes are down across all market
Read MoreWe Made Enough Hay
Situation Range conditions ended the 2024 grazing season on a sour note, but hay stocks and potentially winter wheat grazing should be adequate for the winter
Read MoreStructural Shifts Ahead in 2025
Tension is ratcheting up in dairy markets as multiple structural shifts approach in 2025. A shift in trade policy has captured headlines recently with some early
Read MoreGrowing Optimism for 2025 Fed Cattle Prices
Despite growing optimism, beef cow herd expansion remains uncertain. Beef cow slaughter is down, but with limited replacement heifers, the 2025 calf crop will likely be
Read MoreWill Tortilla Tensions Spoil the U.S. Feed Corn Fiesta?
The U.S. corn market has had more bearish than bullish news lately, with looming large stocks and flat domestic demand. Maintaining and growing export markets like
Read MoreGuessing, Speculating and Assuming
Stronger-than-expected economic growth amid poorer consumer sentiment. Geopolitical tensions fueling multiple regional wars. A change in the White House. A change in the Senate majority. Somewhat
Read MoreFarm Equipment Economics
When it comes to purchasing new farm equipment, prices matter. And from 1990 to 2024, the average price of a new tractor has outpaced the rate
Read MoreAnother Year With No Herd Expansion
By Don Close, Executive Head Emeritus There are no signs of beef cow herd expansion on the horizon. The quarterly breakdown of steers and heifers on
Read MoreA Humble Vision More Than Achieved – Ippolito International
The next time you find yourself chopping up fresh vegetables or opening a salad mix for dinner, consider that your produce may have passed through the…
Read MoreWinescape: Winter 2024/2025
Published four times a year, “Winescape” offers comprehensive analysis of the wine and grape markets as well as trending topics. It is written by Terrain’s senior
Read MoreCrop Margins Likely to Remain Tight in 2025
The USDA’s December 2024 Farm Sector Income Forecast revealed that U.S. crop farmers had experienced two consecutive years of declining cash receipts, falling from an inflation-adjusted
Read MoreNPPC Annual Meeting 2024
Welcome to Terrain, an offering of Farm Credit Services of America, American AgCredit and Frontier Farm Credit. Terrain’s team of ag economists provides expert analysis and
Read MoreDon’t fall for fraud this fall! Stay Cybersecure
Fraudsters are targeting accounts like email and social media to steal private information from your business or personal account. Important data like your password, Social Security…
Read MoreButter Sees Stable Demand Despite High Prices
By Ben Laine, Senior Dairy Analyst The headline consumer price index (CPI) continues to coast back toward the target inflation range of 2%, but consumers are
Read MoreButter Demand Is Stable Despite High Prices
“The headline consumer price index (CPI) continues to coast back toward the target inflation range of 2%, but consumers are experiencing stronger inflation in their butter
Read MoreCattle Market Trends for 2024-2025
Don Close, executive head emeritus of Terrain, sat down with Mike Pearson to answer questions on all things cattle markets on the September 28 episode of
Read MoreNevada whiskey maker distills new spirit on family farm – Frey Ranch
Many wine drinkers take pride in knowing what goes into their favorite bottles, where the grapes were grown and how they were processed. For whiskey aficionados,…
Read MoreFewer Winter Wheat Acres?
The USDA has forecast an 8.77% decline in winter wheat acres for the 2024/2025 marketing year and a 6.67% decline in total wheat acres. The decline
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