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
Read MoreIndustry News & Outlooks
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Shrinking Slaughter Capacity: What’s Next?
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
Read MoreNever a Dull Moment in the Avocado Market
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
Read MoreMexico: A Long-Run Export Engine for U.S. Grains
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
Read MoreCracking the New Economics of Almond Production
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
Read MoreProgress Remains Elusive in the Wine Market
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.
Read MoreAwash in Wine: Insights on the Inventory Glut
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
Read MoreCME Beefs Up Its Cattle Contracts
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
Read MoreNovember WASDE: Not the Bull Farmers Hoped For
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
Read MoreProtein Demand Rises, but Will Milk Checks Follow?
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
Read MoreFarmland’s Value Drift
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
Read MoreScaling Smart
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
Read MoreSupplies Still Shrinking, Prices Still Soaring
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
Read MoreConsider Count Canola vs. King Corn and Sir Soybeans
Corn and soybeans may get all the attention, but canola is becoming a more attractive crop given the biofuel boom, lower production costs, increasing dairy feed
Read MoreBushel Bets and Blind Spots
The 2024/25 marketing year finished with above-estimated stock levels. Ending stocks were surveyed to be 1.5 billion bushels versus the 1.3 billion estimated in the September
Read MoreCan Milk Markets Slim Down?
Milk supply has returned to growth mode and markets are buckling under its weight. The ability of the market to deal with surplus milk, particularly the
Read MoreCan the U.S. Crush the Competition?
U.S. Soybean Supplies Slashed Despite the USDA’s record yield estimate of 53.5 bu./ac. in the September World Agricultural Supply and Demand Estimates (WASDE) report, weather extremes
Read MoreBig Supplies, Slowing Demand Roil Sugar Prices, Margins
Big Sugar Supplies Loom Following the decommissioning of the last sugar beet factory in California, and the subsequent decline in planted area, U.S. sugar beet farmers
Read MoreHog Producers Poised to Strengthen Financial Position
U.S. Hog Market Outlook: Q4 2025 U.S. pork production is expected to decline in 2025, followed by a modest rebound in 2026. The USDA recently lowered
Read MoreFuture of Beef: Risk Management and the Path to Continued Profitability
This article originally appeared in Drovers, a Farm Journal publication, on August 27, 2025. “If you don’t measure it, you can’t manage it,” says Dave Weaber,
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