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Forward hog crush margins have tightened notably from my Q2 outlook. Profitability across the hog sector remains resilient. Iowa State University estimates May farrow-to finish returns at $21.03/head, extending the
Hopes of increasing the U.S. cattle herd are on hold again. My analysis of recent pasture and range condition data shows that more than three-quarters of the beef cow herd
Lower prices for nitrogen are not without risk. For farmers who typically purchase inputs during late summer or early fall, timing this year could be challenging as market prices adjust
With consolidation in the U.S. dairy industry leading to fewer and larger farms, we are rapidly approaching a level of 20,000 dairy farms by the end of the decade. This
Profitability has persisted even as production has continued climbing. Over the past several years, pistachios have stood out as an exception among California permanent crops. While almonds, walnuts and wine
Production of high-protein whey cannot keep up with the boom in demand. Dairy markets have transitioned to summer mode. School milk programs are off for the summer, ice cream season
The California strawberry industry got off to a quick start this season. Volumes started to ramp up about three weeks early, with much higher trays per acre compared with the
Wine Market Update There hasn’t been a great deal of change in the complexion of the U.S. wine market in early 2026, though the data generally suggest that the pace
The theme of this issue of “The Rural Economist” is farmland returns. When purchasing cropland, it helps to know what kind of risk you are taking on and whether the
California farmland value trends of volatility and softening from the past few years are persisting, although where they are happening and to what degree are slightly changing. In the Central
