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

2017 Ag Policy Watch List: Issues Bigger than the Farm Bill

ag policy watch list. ag trends. agricultural economic insights

by David Widmar and Brent Gloy

We previously noted that macro-economic and policy issues seem poised to play a larger role in 2017 (and beyond) than in recent memory. This realization has become even more evident in recent weeks as a host of policy issues – both directly and indirectly impacting agriculture – have been discussed. We – Brent and David- are in no way ag policy experts, but the policy issues facing agriculture are significant enough we felt it was important to provide some context. With that said, this week’s post is our 2017 Ag Policy Watch List. Just six months ago is seemed the only issue ag policy gurus were debating was when to start planning for the next Farm Bill. As you will see from our list, ag policy makers will likely spend most of 2017 on issues much bigger than the Farm Bill. Continue reading

2017 Net Farm Income Forecasted Lower, But Conditions Better Than a Year Ago

By David Widmar and Brent Gloy

Last week the USDA provided an update on net farm income estimates, including the first look at 2017. With this report, the USDA confirmed net farm income would be lower for the fourth consecutive year. However, the USDA’s latest estimates were not all bad news. This week’s blog post analyzes the latest USDA estimates and why conditions in 2017 are better than the outlook a year ago. Continue reading