Trends in World Corn Production

by Brent Gloy

Following last week’s analysis of the trends in global corn consumption, this week we look at global corn production.  We examine which countries are the most important corn producers and how production area and yields have changed.  Much like corn consumption, a small number of countries dominate corn production.  This makes what happens in these countries particularly important to corn supplies in the short and long term. Continue reading

Trends in Corn Consumption

by Brent Gloy

Increases in agricultural productivity and aggressive expansion of cropland acres have made increased demand growth critical to improving the economic situation in agriculture.  With that in mind we thought it would be interesting to look at some of the trends in global corn consumption. Continue reading

Crop Budgets in Eastern Corn Belt Favor Soybeans

2017. corn vs soybeans. crop budgets. Agricultural Economic Insights. Ag Trends

by Brent Gloy and David Widmar

Now that the holidays are behind us, it is time to really start getting serious about 2017 planting decisions.  There are a variety of factors that go into how farmers decide what crops to plant, but crop budgets certainly play a key role.  The analysis of this year’s crop budgets favor soybeans in many areas of the country.  This appears to be particularly true in the Eastern Corn Belt. Continue reading