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 industries mostly range between unprofitable to profitable. Low prices coupled with persistently elevated input costs are pressuring margins, and trade policy uncertainty is weighing on producer sentiment. AgWest expects these conditions to persist for the next year, though some producers/processors should eventually benefit from higher prices. The following details current profitability and the 12-month outlook by industry in AgWest’s territory.

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