Quarterly Reports
Are Bad Vibes Hurting Domestic Almond Shipments?
The direction of domestic demand all depends on where sentiment will be in coming months.
Weights Still a Headwind Despite Still-Strong Demand
I now view 2024 as more of the normal trend for cattle markets instead of years like 2022 and 2023 with high grain prices and winter weather-constrained weights.
Will Tortilla Tensions Spoil the U.S. Feed Corn Fiesta?
The U.S. could see additional demand from Mexico for the 2024/2025 corn market, but a tortilla war risks the trade relationship.
Will Milk’s Price Strength Persist Into Q4?
The foundation of the price strength is a tight supply of raw milk, and that doesn’t appear poised to change soon.
Pork Production Trends: What to Expect in Q4
Continued gains in sow productivity will likely offset a reduction in breeding herd numbers, leading to low prices for the foreseeable future.
Will the Bear’s Grip on Soybeans Ease?
Potential record-breaking U.S. soybean yields and large carryover stocks are a headwind for prices.
A Soft Season for California Strawberries
A combination of higher costs and low to average pricing has challenged California strawberry profitability this season.
Fewer Winter Wheat Acres?
The decline in 2024/2025 wheat acres likely won’t be as sharp as the USDA expects.
Sideways, With Some Bright Spots
Wine sales should begin to stabilize in the next year, the grape market isn’t totally quiet, and an economic soft landing is still doable.