Market update report

What is this? AgWest conducts a profitability analysis of its core industries every quarter by surveying its lending, appraisal and insurance staff and having discussions with industry experts. Results provide a high-level overview of the health of each industry. Actual profitability may vary significantly by operation. Below is a summary of our latest results for Q4 2024. See below for methodology.

Summary: Agriculture producers and processors range mostly between breakeven and slightly profitable. Persistently elevated input costs along with low prices in key commodities are pressuring margins. AgWest expects these conditions to continue over the next quarter or two, then improve moderately as prices recover. The following details current profitability and the 12-month outlook by industry for major commodities in AgWest’s territory.

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