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U.S. AgWest reports quarterly farm profitability

AgWest conducts a quarterly profitability analysis of its core industries through surveys of its lending, appraisal, and insurance staff, along with discussions with industry experts. The results are designed to provide a high-level overview of the health of each industry, with actual profitability varying by operation.

According to the latest results, the distribution of profitability across agriculture remained relatively stable this quarter. Ongoing challenges include low prices, persistently elevated input costs, and trade policy. Conditions are not expected to change significantly for most industries over the next year, although some producers and processors may eventually benefit from higher prices.