Milk production has been essentially flat for the past three years, and 2024 is on track for another year at the same level, if not less.
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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…
Read MoreLook Beyond Headline Milk Production for Inspiration
“Milk production has been essentially flat for the past three years, and 2024 is on track for another year at the same level, if not less.
Read MoreCan Processing Tomatoes Stay Red-Hot?
Juiced-Up Prices After many years of low returns for processing tomato growers, the combination of higher at-home food spending during the pandemic and lower-than-typical inventory pushed
Read MoreIs a Correction Coming for Class III Milk Prices?
After a slow start to the year, milk prices got a welcome boost after bottoming out in April. These prices are a big improvement from earlier
Read MoreThe Fast and Furious Corn Weather Market
Situation The 2024 new-crop corn market rode a strong run from early March through May that was partly fueled by two types of weather concerns: not
Read MoreAvocado Prices Stable for California Producers
Situation Avocado demand has seen an incredible boost in the last decade. Most of this increased demand, however, has been fulfilled by a surge in imports.
Read MoreExport Strength Could Be Too Good to Last
Persistently tight milk supply created an opportunity for strong exports to drive prices to new heights for the year. But the new price level could be
Read MoreNavigating the North Coast Transition
Following a period of steady expansion in the mid-2010s, vineyard values have flattened throughout much of the North Coast in recent years. Over the past year,
Read MoreRecord Carcass Weights Won’t Stop Record Prices
Situation Carcass weights began to climb during the first quarter of 2024 as Midwest cattle feeders held cattle to replace the weight lost during severe weather
Read MoreBrazil Weaves Past U.S. as World’s Top Cotton Exporter
In September, I wrote a Quarterly Outlook titled “Brazil Is Cotton’s Heir Apparent” that described the merits of Brazil overtaking the U.S. as the world’s largest
Read MoreThe Rising Cost of Inventory in 2024
Situation: The realities of “higher for longer” interest rates have significantly added to the cost to carry inventory (inputs and outputs like grains). At the same
Read MorePositive Margins Likely to Stick Around, for Now
Situation Weekly barrow and gilt slaughter totals continue to trend lower from the peak set in late January. By late May, they were smaller by about
Read MoreWeathering Soybeans’ Geopolitical Storms
Election Won’t Erase Trade Volatility With China U.S. government policy has an important influence on grain and other agricultural markets. Take, for example, the ethanol boom
Read MoreRiverside County Winery Leader Joins American AgCredit Board
SANTA ROSA, Calif., (June 24, 2024) – The farmers and ranchers who own American AgCredit elected Steven Van Houten to the cooperative’s board of directors. Van…
Read MoreThe Dusty Winnemucca Road
The Rural Economist – Spring 2024 One of the benefits of working in the Farm Credit System is working closely with and for American farmers. Since
Read MoreTogether We Are Farm Credit
We understand the vital connection between producers and their land. It is the foundation of the American story. For each chapter of rural living, American AgCredit…
Read MoreGrants awarded to New Mexico agriculture organizations
LAS CRUCES, N.M., (June 18, 2024) – American AgCredit has awarded grants to 23 New Mexico agriculture-related organizations totaling $204,000. Ag in the Classroom Ranch Management…
Read MoreSave Time for the Moments that Matter
At American AgCredit, we know success in agriculture means making the most of every minute. Our safe and secure online banking tools put time back in…
Read MoreSalinas Winery Pays Tribute to Mother’s Dream – Rustiqué Winery
When Robert and Rusti Silacci were getting ready to settle down and retire, they hatched a plan to launch an estate winery near California’s Central Coast….
Read MoreYoung, Beginning and Small American Farmers and Ranchers Get Support
LAS CRUCES, N.M., (Apr. 9, 2024) – Agriculture lender American AgCredit has created a new role that will focus on supporting young, beginning and small farmers…
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