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 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.
Consider 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,
Read MoreFive Observations on the Current Farm Economy
On the surface, U.S. net farm income appears robust. The USDA’s projection for U.S. net farm income sits at $180 billion, the second-highest ever in nominal
Read MoreCalifornia Citrus Farmers Squeezed in 2025
Three Unique Challenges It’s never a dull moment in the citrus market. The national industry faces continual challenges due to factors such as frost, hurricanes and
Read MoreWe Made Enough Hay … Again
Hay inventory levels in May were slightly above 24 million tons, the highest May reading since 2017 and the seventh highest since 2000. Strong Hay Production
Read MoreWalnut Market Holds Steady
The market for walnut farmers in the Central Valley has improved greatly since the lows of 2022, and grower prices have remained above breakeven. Looking ahead,
Read MoreLittle Change in the Wine Market, for Now
U.S. wine sales continue to disappoint, though at least the slump hasn’t deepened since my last report. I’m not expecting much improvement in the near term
Read MoreHigher Input Costs Likely to Stick Around for 2026 Crop Year
Demand has been strong across the entire nitrogen complex. Given the current outlook for fertilizer and other input prices, Terrain projects slightly higher operating costs for
Read MoreMilk Supply to Define Markets for Rest of 2025
Milk production closed the first half of 2025 in growth mode. As of June, milk production was 3.3% higher than the previous year. May production was
Read MoreThe Moderation Movement Part 2
The Moderation Movement Part 2: Why Americans Are Drinking Less Following 2 1/2 decades of steady growth and a brief surge during the COVID-19 pandemic, alcohol
Read MoreA Fair Finish to 2025’s First Half
For the first six months of the year, both wine sales value and volume dropped 5%. Market Update: Retail Wine Sales Improved in Q2, but Exports
Read MoreMilking the Middle Years
Populations are aging and shrinking among some of the biggest dairy-consuming regions of the world, including our top dairy export destinations such as China, Japan and
Read MoreWill September Mark 2025’s First Interest Rate Cut?
(This information was originally presented on August 15, 2025. Watch the recording here: https://www.youtube.com/watch?v=wFZo4jukFsM) The strength of the overall U.S. economy is important for farmers’ decision-making.
Read MoreUnderstanding Where the Whole Farm Economy Stands
In early February, the USDA’s Economic Research Service projected nominal U.S. net farm income for 2025 at a near record $180 billion — a hair behind
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