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If you need help setting up services or accessing your accounts, please call our Customer Care Team at 866.552.9172 during business hours (7 a.m. — 5 p.m. PST, M-F) or email us at CustomerCare@AgWestFC.com.
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If you need help setting up services or accessing your accounts, please call our Customer Care Team at 866.552.9172 during business hours (7 a.m. — 5 p.m. PST, M-F) or email us at CustomerCare@AgWestFC.com.
Location
If you need help setting up services or accessing your accounts, please call our Customer Care Team at 866.552.9172 during business hours (7 a.m. — 5 p.m. PST, M-F) or email us at CustomerCare@AgWestFC.com.
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Current challenges, but optimism grows.
The agricultural economy, except for a few commodities, is facing a downturn. High production costs and lower commodity prices are hurting producers' balance sheets. According to a recent Farmer Mac survey, only 50% of farmers are expected to be profitable in 2024, with row crop producers being the hardest hit. However, producer sentiment about the future is at its highest levels in the past three years. The Purdue/CME Group Ag Economy Barometer shows that this optimism is largely due to the recent elections, with producers expecting more favorable regulations, fewer restrictions, and lower taxes. Optimism for the future is also supported by anticipated federal funds rate cuts in 2025 and stabilizing interest rates for producers.
Wednesday, December 11, 2024
Tariffs and their impact to agricultural exporters
by AgWest Farm Credit
Businesses and consumers are wondering to what degree the Trump administration will apply tariffs on trade partners and how that could impact the cost of goods and general health of the economy.
Read moreWednesday, December 11, 2024
December economic headlines, data and trends
by AgWest Farm Credit
Monthly economic trends, data and major industry headlines.
Read moreAgWest Farm Credit’s industry research team covers the state of major agricultural commodities in Alaska, Arizona, California, Idaho, Montana, Oregon and Washington. The market updates are based on various sources, and include boots-on-the-ground insights from AgWest’s own lending, appraisal and crop insurance teams across the West. For industry specific information, news and upcoming events, check out our industry pages below.
Thursday, November 14, 2024
Drought and water update - November 2024
by AgWest Farm Credit
Changes in drought conditions were mixed over the last three months.
Read moreWednesday, October 09, 2024
Quarterly Economic Update: October 2024
by AgWest Farm Credit
Economic growth has exceeded most expectations over the past several quarters as consumers maintain spending levels.
Read moreWednesday, August 14, 2024
by AgWest Farm Credit
High interest rates, generally low inventories, falling farm income, shifting water availability and regulations are among the main drivers impacting land values in the West.
Read more