Cycles in Agriculture

Economic Updates

July WASDE Delivers Surprises and Marketing Challenge

Farmers with stored grain are in a delicate situation. Old crop corn and soybeans lose value in the bin not only because of decreasing futures but also because basis is wider compared to the past few years and higher cost of carry.

Economic Updates

Positive Margins Likely to Stick Around, for Now | Third Quarter Outlook

Futures price action from March through May suggests hog producers can expect a solid six months of profitability. Terrain offers a price forecast through the end of 2024.

Economic Updates

The Rising Cost of Inventory in 2024 | Third Quarter Outlook

Higher-for-longer interest rates have added to the cost to carry inventory. At the same time, processors, retailers and end users are less willing to carry the inventory bill. Terrain looks at what this means to farmers.