Profitability report

What is this? AgWest conducts a profitability analysis of its core industries every quarter by surveying its lending, appraisal and insurance staff and having discussions with industry experts. Results provide a high-level overview of the health of each industry. Actual profitability may vary significantly by operation. Below is a summary of our latest results.

Summary: The distribution of profitability across agriculture held relatively stable this quarter. Low prices, persistently elevated input costs and trade policy remain headwinds. Slight changes in profitability occurred over the last quarter, with almonds, pistachios and cow-calf industries strengthening, and oranges, forest product mills, dairy and wine grapes weakening. Conditions are unlikely to change much over the next year for most industries. The following table details current profitability and the 12-month outlook by industry in AgWest’s territory. 

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