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Milk production maintained a sideways trajectory in 2024, finishing the year slightly below 2023. Dairy markets are starting 2025 in reasonably good shape, well positioned for
Background The U.S. wheat industry is stuck at “average.” Relative to the 15-year average: The old-crop 2024/25 U.S. stocks-to-use ratio is only 2% higher The amount
Situation Given the high levels of inventory in recent years, there is concern that a large 2024 almond crop could keep the grower price below breakeven.
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