Low prices could stick around for the next few years. Researchers at the University of Missouri say large global stocks are helping suppress prices across the board.
“Yeah, we’ve had a lot of supplies globally right now. And unless there’s something, a big change of the demand side of the picture, ordinary weather conditions around the world the next several years would lead to continue large supplies. Obviously, we’re going to have some weather shocks the like in the near term, so we don’t know which year will be a good year, which will be might be a bad year. On average, we think current prices are more or less reflective of the current market situation,” said Dr. Pat Westhoff.
Westhoff says considering the current situation, there is not real need for farmers to consider acreage shifts for next year.
For agriculture, the meeting is seen as a potential turning point, with markets watching closely for any signals on trade, exports, and future purchasing commitments.
March 26, 2026 11:16 AM
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Tight red meat supplies continue supporting livestock markets.
March 26, 2026 10:50 AM
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Higher machinery costs are raising per-acre production expenses.
March 26, 2026 10:34 AM
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Experts warn pests could reduce yields and raise costs for producers
March 25, 2026 04:43 PM
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ASFMRA’s Tony Toso joins us with an update on California farmland values, ongoing market uncertainty, and key discussions shaping agriculture in the Golden State.
March 25, 2026 03:57 PM
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Citrus production depends heavily on reliable irrigation, making water shortages a critical issue for South Texas growers moving forward.
March 25, 2026 01:47 PM
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