Industry News & Outlooks

December 22, 2025

Almost a year ago, on December 21, 2024, Congress passed the American Relief Act, which included economic and disaster assistance for farmers. The Supplemental Disaster Relief

December 22, 2025

Lower-than-average feed costs are supporting hog producer margins, which remain positive after two years of tight margins following the 2023 downturn. This much-needed relief is allowing

December 22, 2025

The U.S. soybean market currently depends on clarification of domestic biofuel policy and China’s progress in meeting its soybean purchase commitments. Both factors will weigh heavily

December 22, 2025

On December 10, the Federal Reserve’s Federal Open Market Committee (FOMC) voted to cut the federal funds rate by 0.25% to a range of 3.5% to

December 22, 2025

Dairy markets are finishing 2025 under the weight of heavy milk production growth, and surplus will be the theme through at least the beginning of 2026.

December 22, 2025

Assuming trend yields for next year, market prices for corn are in the range of breakeven (or better) for many farmers. Corn markets are likely to

December 18, 2025

Beef prices have been in the spotlight lately. However, available data show consumers are still willing and able to pay for beef at the store. Beef

December 15, 2025

There was no material change in the complexion of the wine market in the third quarter of 2025. Wine sales continued to decline across all channels

December 15, 2025

The long-feared rightsizing of shackle spaces to more closely match the number of cattle has begun. The market’s reaction to the November announcement was a good

December 15, 2025

Avocado shipping point prices in 2025 were unusually erratic. Avocado shipping point prices in 2025 were unusually erratic. From January to early July, they consistently exceeded

December 10, 2025

For decades, the U.S. and Mexico have benefited from a complementary relationship: The U.S. efficiently produces feed ingredients and meat for export while Mexico focuses on

December 10, 2025

After years of excessive carry-ins in the almond industry, supply is now manageable. As a result, almond prices have crept up slowly. Whereas the low in

December 3, 2025

Market Update: DtC Sales Still Struggle; Export Sales Lack Clarity There was no material change in the complexion of the wine market in the third quarter.

December 3, 2025

My calculations suggest that wineries had nearly 30% more inventory than the market should ideally carry at midyear 2025. Many wineries are struggling under the weight

November 21, 2025

The Chicago Mercantile Exchange (CME) recently expanded its offerings for live cattle and feeder cattle futures and options contracts, a vital tool for price discovery and

November 17, 2025

With fall harvest wrapping up, the release of the USDA’s November World Agricultural Supply and Demand Estimates (WASDE) comes after nearly two months of speculation around

November 12, 2025

Consumer demand for protein is hot. That’s driving whey prices higher at a time when most other parts of the dairy value chain are neutral to

November 10, 2025

Farmland has long served as the spine of agricultural finance, both as the primary investment vehicle and the primary collateral. Historically, farmland has been in high

November 4, 2025

Larger farms today are prioritizing technology and software as well as operational efficiency. And, despite increased financial pressure in the agricultural economy, they’re still planning to

October 7, 2025

Supply-Side Scenario Year-to-date (YTD) beef production through the end of August was 3.2% smaller than a year earlier while fed cattle slaughter was down 4.2% and