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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.
Securely update and exchange balance sheet information with your AgWest team.
Put your idle cash to work with a suite of banking services that sweeps funds between accounts. Fees apply.
Potatoes abundant, water woes resolved.
As of June 1, 2024, U.S. potato storage reached 66.8 million cwt, a 19% increase from the previous year and the highest since 2019. In the Northwest, potato storage on June 1 rose by 27.5% compared to last year. Potatoes grown in the Columbia Basin, Washington, had favorable growing conditions, but due to processor cutbacks, there are fewer planted acres. While 2024 acres are only down slightly from the large 2023 crop, weather issues in Idaho will make the 2024 potato crop more manageable. Even with a smaller crop, open market prices are unlikely to be affected and are forecasted to remain below breakeven levels.
In Eastern Idaho, approximately 330,000 acres could have been affected by water shutoff in mid-June due to a water curtailment order, which would have been devasting for farmers with existing potato acres. However, a settlement was reached between the Surface Water Coalition (SWC) and groundwater districts. While producers in Eastern Idaho no longer face large-scale water shutoffs, they have until October 1 to create a long-term solution addressing a new water rights plan with the surface and groundwater users.
March 31, 2024
Even with lower production costs, potato growers will face headwinds from fewer potato contracts and lower contracted prices. The USDA forecasts lower fuel and fertilizer costs for the 2024 growing season. However, lower production may not motivate farmers to increase potato planting due to unfavorable open-market prices, high interest rates and significant capital needs. Open-market prices have declined significantly and contract growers have expressed concern about securing favorable contract prices. If 2024 brings another large crop, producers will likely remain at or below break-even levels.
12-Month Profitability Outlook
Aug 15, 2024, 11:00 AM
AgWest is pleased to be joined by Derrell Peel, livestock marketing specialist from Oklahoma State University, for a timely outlook on the cattle market. In this one-hour webinar, Derrell will look at expected production levels, profitability forecasts and essential risk management tools to ensure you’re well-prepared for the cattle market’s future.