
A Farmer Mac and American Bankers Association survey of over 600 ag lenders estimates 59% of borrowers will stay profitable in 2026 despite falling farm margins. Nearly three-quarters reported lower overall profitability, and 74% reported greater reliance on government payments.
Heavy dependence on government payments and weakening loan quality could affect farm spending and feed purchasing if support is cut. Record cattle prices are cushioning livestock demand for feed.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.