Industry News & Outlooks

November 4, 2024

By Don Close, Executive Head Emeritus Carcass weights have become a double-edged sword for cattle feeders and a bottleneck for the industry. For the week of

November 1, 2024

The Rural Economist – Fall 2024 In my travels across farm country, young and beginning farmers often ask questions that force me to think differently about

October 22, 2024

You asked, we answered. In Terrain’s Take videos, Terrain analysts take on Farm Credit producers’ most popular questions. How Long Can Farmland Values Hold? October 2024

October 11, 2024

Situation Cattle markets have been marked by ample fed cattle supplies and heavy carcass weights over the last several months. Steer and heifer slaughter is dead

October 10, 2024

Situation The 2024 extension for the 2018 farm bill has expired. Without an extension or a new farm bill, we revert to “permanent law” from 1949.

October 3, 2024

You asked, we answered. In Terrain’s Take videos, Terrain analysts take on Farm Credit producers’ most popular questions. How Are the Younger Generations’ Wine Preferences Evolving?

October 3, 2024

As we progress into the latter half of 2024, the U.S. wine market is still mired in a multiyear funk. There was relatively little change in

October 3, 2024

Situation Robust almond shipments in the 2023/2024 crop year have reduced carryover and bolstered pricing, driven largely by exports while domestic shipments have lagged. A key

October 3, 2024

It’s likely that the overall return for growers will remain muted this season. Situation California strawberry profitability has been challenged this season by a combination of

October 3, 2024

The industry has seemingly put the brakes on herd reduction and more market-ready pigs are finding their way to slaughter than I and other analysts expected.

October 3, 2024

The Global Soybean Revolution The U.S. is poised for record-breaking soybean yields if the USDA’s September World Agricultural Supply and Demand Estimates (WASDE) are realized. Production

October 3, 2024

2024 is shaping up to be a remarkable year for dairy profitability. After a spiritless start, an early-spring surge in prices seemed too good to last.

October 1, 2024

Situation Given the high levels of inventory in recent years, there is concern that a large 2024 almond crop could keep the grower price below breakeven.

September 25, 2024

By Dave Weaber, Senior Animal Protein Analyst, and Don Close, Chief Research & Analytics Officer In last month’s article, we explored the resilience of consumers in

September 25, 2024

By Dave Weaber, Senior Animal Protein Analyst Beef demand so far in 2024 has been nothing short of amazing, bolstering the strong beef cattle prices that

September 25, 2024

“Our measurement of real per capita expenditures for fresh beef has shown positive gains for every month this year. Strong 2024 nominal (not inflation-adjusted) consumer beef

September 25, 2024

Everyone in or close to production agriculture knows that nearly all sectors have seen profitability fade in recent years, as U.S. net cash farm income has

September 6, 2024

Published four times a year, “Winescape” offers comprehensive analysis of the wine and grape markets as well as trending topics. Download current and previous issues of

August 29, 2024

By Ben Laine, Senior Dairy Analyst Federal Milk Marketing Orders (FMMOs) are set to change the way milk is priced. After receiving proposals, hearing testimony, making

August 29, 2024

The price story for beef is all about consumer demand, not supply. Ranchers have not yet begun to rebuild the U.S. beef herd, so the supply