Industry News & Outlooks

December 19, 2024

The U.S. corn market has had more bearish than bullish news lately, with looming large stocks and flat domestic demand. Maintaining and growing export markets like

December 18, 2024

Stronger-than-expected economic growth amid poorer consumer sentiment. Geopolitical tensions fueling multiple regional wars. A change in the White House. A change in the Senate majority. Somewhat

December 17, 2024

When it comes to purchasing new farm equipment, prices matter. And from 1990 to 2024, the average price of a new tractor has outpaced the rate

December 5, 2024

By Don Close, Executive Head Emeritus There are no signs of beef cow herd expansion on the horizon. The quarterly breakdown of steers and heifers on

December 4, 2024

Published four times a year, “Winescape” offers comprehensive analysis of the wine and grape markets as well as trending topics. It is written by Terrain’s senior

December 3, 2024

The USDA’s December 2024 Farm Sector Income Forecast revealed that U.S. crop farmers had experienced two consecutive years of declining cash receipts, falling from an inflation-adjusted

November 22, 2024

Welcome to Terrain, an offering of Farm Credit Services of America, American AgCredit and Frontier Farm Credit. Terrain’s team of ag economists provides expert analysis and

November 15, 2024

By Ben Laine, Senior Dairy Analyst The headline consumer price index (CPI) continues to coast back toward the target inflation range of 2%, but consumers are

November 15, 2024

“The headline consumer price index (CPI) continues to coast back toward the target inflation range of 2%, but consumers are experiencing stronger inflation in their butter

November 15, 2024

Don Close, executive head emeritus of Terrain, sat down with Mike Pearson to answer questions on all things cattle markets on the September 28 episode of

November 8, 2024

The USDA has forecast an 8.77% decline in winter wheat acres for the 2024/2025 marketing year and a 6.67% decline in total wheat acres. The decline

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