Industry News & Outlooks

April 13, 2026

Corn markets are likely to remain stable with the potential for higher prices over the year ahead. The prospect of fewer acres than last year supports

April 13, 2026

The March 31 USDA Prospective Plantings report shows farmers intend to plant 6.12 million acres of sorghum, an 8% decline from 2025. Intentions, Inputs and Inflection

April 13, 2026

The price outlook for wheat broadly over the next quarter will remain heavily influenced by the Iran conflict, with spring weather forecasts and foreign supplies also

April 13, 2026

As the U.S. spring planting season begins, the USDA March 31 Prospective Plantings report indicated farmers intend to plant 84.7 million acres of soybeans, up nearly

April 13, 2026

The extent of the shortfall was uneven by region and variety. California’s 2025 grape harvest was the smallest in more than 25 years, yet it exceeded

April 1, 2026

The 2025 California grape harvest was the smallest in more than a quarter-century, but it was still much larger than market analysts were expecting. Thus, the

April 1, 2026

After a surplus of milk in global markets pulled down milk prices at the end of 2025 and into the beginning of 2026, prices rebounded sooner

April 1, 2026

The U.S. soybean market is facing export headwinds tied to Brazil’s expanding acreage and China’s slowing economy. The good news is that the USDA forecasts stronger

March 26, 2026

Margins continue to run well above seasonal norms. Pork producer margins continue to hold firm and will likely remain favorable over the next 12 months. While

March 26, 2026

Beef and cattle prices have been trading at record levels. Choice boxed beef is up 15% this year through March versus the same period last year,

March 26, 2026

The most likely interest rate environment for 2026 offers some relief on operating credit but continued pressure on land, facilities and other capital-intensive investments. I expect

March 23, 2026

In November, the Walnut Board released its 2025 acreage report. While acreage removal was lower than in 2024, walnut removals continue at a steady pace. With

March 23, 2026

The last few years have been a wild ride in California’s processing tomato industry. Whereas the COVID-19 pandemic hurt many agricultural markets by choking off supply

March 23, 2026

One of the questions I’m asked most often is how much a weaker U.S. dollar will increase exports of major agricultural products. Since the start of

March 23, 2026

The milk price outlook for 2026 has improved from the beginning of the year. But volatility is likely to ramp up as supply continues to grow

March 17, 2026

At Terrain, we’ve been calling 2026 a high-stakes year for cattle feeders. Margins matter. That means having a plan for your feed costs matters, too. Our

March 17, 2026

Since the Iran war began on February 28, projected 2026 operating margins for both corn and soybeans have shifted. The escalation in the Middle East has

March 16, 2026

The most likely path for U.S. interest rates in 2026 is a slow, deliberate easing of short-term rates, while long-term rates remain relatively sticky and resistant

March 10, 2026

The Assistance for Specialty Crop Farmers (ASCF) Program is now being rolled out to distribute the $1 billion allocated for specialty crops. Late last year, the

March 10, 2026

Wine Market Update: A Familiar Story for Wine Sales, With Nuances The post-pandemic slump in wine sales shows no signs yet of abating. U.S. wine sales