Guessing, Speculating and Assuming

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

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Farm Equipment Economics

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

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Winescape: Winter 2024/2025

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

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NPPC Annual Meeting 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

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Fewer Winter Wheat Acres?

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

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Issues Facing Next-Gen Farmers

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

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The Dairy Cliff: An Explainer

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.

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