Mixed Results: Ag economists are hoping for the best for the year ahead but it may take patience

Some ag analysts do not have the most optimistic outlook for the season ahead. Right now, they are watching several issues but say the bad times will not last forever.

“When you look at the crop sector of U.S. agriculture, we just have to work through these very large supplies. It sometimes takes us a while to do that, and so, even though prices are relatively low right now, in two to three years, we’ll probably be in a situation where crop prices are more similar to the break-even prices. The livestock sector, particularly the beef sector, is going to continue to do strong, and not only in 2025 but probably well into ’26,” said Michael Langemeier.

USDA’s most recent farm income forecast shows profits are set to increase for the first time this year since 2022. However, there is a catch, as those increases are largely due to the assistance package Congress passed late last year, and recently released by Ag Secretary Brooke Rollins.

Related Stories
With China’s pullback, U.S. sorghum producers must broaden their export markets. Building connections now could help stabilize prices and demand for the upcoming larger crop.
Higher domestic rail tariffs and mixed capacity shifts will influence grain movement this harvest. Strong corn exports provide momentum, but logistics costs remain a critical factor.
Sergio Bortolozzo, President of the Brazilian Rural Society, discusses the importance of global collaboration and innovation in empowering women in the agricultural sector.
Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
Gov. Gavin Newsom has until October 12 to sign a bill passed by the California state legislature allowing E15 sales.
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.

LATEST STORIES BY THIS AUTHOR:

While artificial intelligence, or AI, is reshaping both jobs and messaging in agriculture, CoBank data suggests human expertise still matters.
Bubba and Amy Miller run Miller Cattle Company in Eros, Louisiana. After visiting other homesteading fairs, they decided to put on their own.
The new AFBF Women in Agriculture survey is accepting responses from women in the industry across the United States now through March 31.
University of Nebraska–Lincoln (UNL) representative Dr. Dirac Twidwell joins us with the latest on woody encroachment conservation efforts in the Great Plains.
After years of battling misinformation online, Potatoes USA is using artificial intelligence to monitor and respond to false claims about the industry.
We highlight an Iowa FFA student who is harnessing the power of AI technology to assess stress in agriculture-related careers.