The former chief economist for Republicans on the Senate Ag Committee is moving to Terrain, where he will lead a team of economists and analysts.
John Newton, who recently left his position with the committee after about three years, has been named the executive head of Terrain, which “serves the customers of AgCountry Farm Credit Services, American AgCredit, Farm Credit Services of America and Frontier Farm Credit with analysis of a large number of agricultural sectors — from cattle and corn to wine, dairy and tree nuts — as well as the macroeconomy and its impact on rural America,” the company said Monday.
Newton “will guide the team’s endeavors to provide analysis and information important for the business decisions of U.S. agricultural producers,” Terrain said.
Before taking the position at Senate Ag, Newton was chief economist at the American Farm Bureau Federation and at the National Milk Producers Federation, an economist for USDA, and a faculty member at the University of Illinois, the company said.
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“Our customers are navigating a complex business landscape,” said Tim Koch, executive vice president-business development for Farm Credit Services of America, AgCountry Farm Credit Services, and Frontier Farm Credit.
“Combining data analysis with Farm Credit’s deep knowledge of agriculture, Terrain is bold in its outlooks on trends, economic activity, supply and demand, and other market-moving factors. John’s extensive experience enhances the already exceptional talent at Terrain, by bringing a deep understanding of how governmental policy and risk management programs impact the bottom line of America’s farming and ranching families.”
Don Close, who oversaw the launching of Terrain in November 2022, “will continue with Terrain and focus on what he loves the most: working as a cattle and beef analyst and providing thought leadership to the U.S. beef industry.”
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