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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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Producers should benefit from a smaller 2024 crop.
Early estimates suggest the 2024 apple crop will come in at about 120 to 125 million boxes, a level supportive of profitability for both producers and packers. The Honey Crisp variety will likely be smaller than last season which should improve pricing dynamics. The 2023 crop marketing season will likely extend into the 2024 crop marketing season and hold prices down during the fall months. Increasing instances of quality issues on the 2023 crop may lower prices and mitigate some of the overlap; however, Gala and Honeycrisp prices improved about 13% and 9% respectively over the last two months due in part to depleting inventories in the Midwest and Northeast. Diversified producers will likely experience a pear crop that is smaller than average with mixed fruit quality and a lighter-than-average, high-quality cherry crop with favorable market conditions.
March 31, 2024
Most producers will recognize a loss on the 2023 crop, while most packers will profit from packing the large 2023 crop; however, those packing profits will primarily be generated in the 2024 calendar year. Reliance on Whole Revenue Farm Protection is increasing as a risk management tool. The industry expects the 2024 crop to be smaller and better aligned with consumer demand.
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.