Industry Insights

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Industry Insights

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March update

Livestock thrives while commodity markets struggle amid volatility.

Producer sentiment remains a mixed bag as tariffs have heightened volatility across all commodity markets. Livestock and dairy producers are enjoying an optimistic outlook, with favorable prices and low feed costs. However, most commodities are contending with persistent low prices and are unlikely to see significant price or profitability improvement in 2025. The current market uncertainty is placing significant pressure on producers as they weigh their options and planting decisions.

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Wednesday, March 12, 2024

March economic headlines, data and trends

by AgWest Farm Credit

Monthly economic trends, data and major industry headlines.

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Industry insights

AgWest 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.

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A mound of almonds

A pile of red apples

Black cow looks at camera

harvesting tractor

Dairy cows behind a fence

Stacks of logs at a mill

Bales of hay in a field

Two lemons on a tree

Ariel view of rows of potatoes

Wine and wine grapes

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