• AgCountry Farm Credit Services
  • American AgCredit
  • Farm Credit Services of America
  • Frontier Farm Credit

Q4

Quarterly Outlook

Quarterly Outlook

Q4

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Highlights

Dairy
Milk Supply Up
Q4 Class III milk forecast average: $17.30/cwt

Quarterly Reports

Beef
Q4 2025 Quarterly Outlook

Supplies Still Shrinking, Prices Still Soaring

The tightening supply trend is unlikely to change in Q4.

Dave Weaber
Grain
Q4 2025 Quarterly Outlook

Consider Count Canola vs. King Corn and Sir Soybeans

Canola is becoming a more attractive crop to grow for more reasons than one.

Bree Baatz
Fruit, Nut & Vegetable
Q4 2025 Quarterly Outlook

California Citrus Farmers Squeezed in 2025

2025 is a particularly tough year for the California citrus market, but there are ways growers can stay cost-competitive.

Matt Woolf
Corn
Q4 2025 Quarterly Outlook

Bushel Bets and Blind Spots

Corn export commitments for the 2025/26 marketing year are record high, though a hot start doesn’t guarantee a hot finish.

Marc Rosenbohm
Dairy
Q4 2025 Quarterly Outlook

Can Milk Markets Slim Down?

Breeding to beef is indirectly raising milk output while a milk fat surplus could lead to lower prices paid.

Ben Laine
Beef
Dairy
Q4 2025 Quarterly Outlook

We Made Enough Hay … Again

Current hay inventory has been outpacing demand growth, and even larger inventories are likely in the near term.

Matt Clark
Corn
Grain
Q4 2025 Quarterly Outlook
Soybean

Higher Input Costs Likely to Stick Around for 2026 Crop Year

Potential tariff impacts as well as global factors could push overall crop production costs higher in 2026.

Marc Rosenbohm
Q4 2025 Quarterly Outlook
Soybean

Can the U.S. Crush the Competition?

A trade deal with China may lift soybean prices briefly, but farmers should prepare for long-term shifts.

Bree Baatz
Q4 2025 Quarterly Outlook

Big Supplies, Slowing Demand Roil Sugar Prices, Margins

Big sugar supplies will put downward pressure on prices this year as consumption falls to a 10-year low.

John Newton
Q4 2025 Quarterly Outlook
Swine

Hog Producers Poised to Strengthen Financial Position

With opportunities to secure profits in both 2025 and 2026, hog producers should prioritize rebuilding balance sheets and working capital.

Matt Erickson
Q4 Avg Profits: Wean-to-finish, $42 per head and Farrow-to-finish, $49 per head
Fruit, Nut & Vegetable
Q4 2025 Quarterly Outlook

Walnut Market Holds Steady

Market fundamentals appear to be working in the walnut grower’s favor, with a higher price likely on the horizon.

Matt Woolf
Grapes & Wine
Q4 2025 Quarterly Outlook

Little Change in the Wine Market, for Now

The economic environment isn’t giving wine sales much of a reprieve.

Chris Bitter
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Terrain is an offering of:
  • AgCountry Farm Credit Services
  • American AgCredit
  • Farm Credit Services of America
  • Frontier Farm Credit