The wine market’s slump deepened in early 2025 and grape sales activity remained depressed. Unfortunately, I don’t expect to see much improvement in either area in
Read MoreIndustry News & Outlooks
We know that information is essential when running a business. Stay up to date on the latest policy updates, commodity outlooks, regional trade forecasts and macroeconomic conditions that could impact your farm or ranch.
Beef Demand is Hot, Herd Rebuilding is Not
Consumers Have a Taste for Beef Whether it’s steaks for dinner, a roast for Easter or grilled burgers on a warm spring day, consumers have put
Read MoreElevated Almond Prices Likely to Persist Into New Crop Year
Buying and Prices Could Remain Elevated USDA’s Subjective Estimate, on May 12, projected a crop of 2.8 billion pounds for 2025, up roughly 100 million pounds
Read MoreWhy Corn Bears Might Be Wrong
Many Reasons for Higher Corn Prices The U.S. and global corn balance sheets tightened, according to USDA’s June World Agricultural Supply and Demand Estimates (WASDE). Larger
Read MoreDairy Markets find Steadier Footing
Early this year, dairy markets were shaky due to fears of trade disruptions. While we’re not out of the woods yet on trade, the path ahead
Read MoreFarm Equipment Outlook: A Downshift That Opens Doors
As we move into the second half of the year, farmers typically take stock of their equipment fleet and begin to plan for needed upgrades. Recent
Read MoreLettuce Market Likely to Remain Soft in 2025
Lower Sentiment, Lower Lettuce Demand In some ways 2025 has been standard in the lettuce industry. From early March, production shifted from Yuma, Imperial Valley and
Read MoreIs USDA Too Optimistic?
According to USDA’s June World Agricultural Supply and Demand Estimates (WASDE), the U.S. sorghum outlook for 2025/26 is: Increased U.S. production (driven by higher yields) Higher
Read MoreCrush, Rain and RVOs: What’s Driving Soybean Prices?
Lower Acres and Supplies than Last Year Farmers responded to lower profitability expectations for soybeans by reducing acreage this year to 83.38 million acres, below the
Read MoreA Quarter of Profits for Hogs
Key takeaways Profitability Outlook Improves: The hog sector continues to show profitability, with projected margins averaging approximately $30 per head over the next 12 months. Q4
Read MoreWheat Market Navigates Strong Global Production
U.S. Supplies Highest Since 2020/21 Wheat supplies have weighed on market prices both in the U.S. and around the world, pushing cash prices of U.S. wheat
Read MoreSecond Quarter a Bellwether for Balance of 2025
The second quarter of 2025 could be an inflection point for the cattle and beef complex. There are four specific developments going on that could have
Read MoreThe Moderation Movement Part 1
Following nearly three decades of uninterrupted growth, alcohol consumption in the U.S. looks to be declining. The demographics of the alcohol consumer also are evolving. Both
Read MoreNew Federal Milk Marketing Order Rules Now Effective
Key Takeaways Situation: New Federal Milk Marketing Orders ushered in updates to milk pricing formulas, including increased make allowances and changes to the Class I base
Read MoreFields to Futures: What Producers Need to Know for 2025/26
Key Takeaways: Weather, Acreage, and Tariff Uncertainty = Price Risk: A hot and dry summer forecast, changing planting data, and the looming expiration of U.S.-China tariff
Read MoreHow Many Beef Cows Does the U.S. Industry Need?
Key Takeaways: The national cow herd does not need to grow back to the size it was at the 2019 peak. A larger-than-now but smaller-than-before national
Read MoreSilver Appetites: An Aging Population and Food Demand
In this Issue: Population aging began in the 1970s and accelerated in the 2010s. Population aging, even sooner than population decline, will change demand for agricultural
Read MoreVideo: Next Steps for Nuts in “The Big Shrink”
Key Takeaways: Over the past three decades, U.S. nut growers have been widely successful due to exceptional growth in export markets. More than 70% of U.S.
Read MoreNews Worth Knowing – November 15, 2024
Terrain analysts dissect news topics important to agriculture and weigh their significance for the sectors relevant to our Farm Credit customers. In this issue, our analysts
Read MoreCalifornia’s Regulations Play a Role in Agriculture’s Export Gap
Key points: Representing more than 20% of U.S. agricultural exports, California stands to benefit from efforts to narrow the trade gap. The rising cost of regulations
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