Farm Loan Delinquencies Continue Higher

by David A. Widmar

As farm incomes decline and financial conditions erode, concerns about farmers’ ability to repay farm debts mount. The Kansas City Federal Reserve Bank provides great insight into the health of the farm economy – and specifically farm loans- through its Ag Finance Databook. This post considers the latest farm loan delinquency data and evaluates conditions at the end of 2016. Continue reading

Why Soybean Acres Aren’t a Clear Winner in 2017

by David Widmar and Brent Gloy

If you ask three economists the same question, you’re likely to get (at least) three different answers. While soybean acres seem to have an advantage going into the Spring, particularly in Indiana and the Eastern Corn Belt, we thought it would be valuable to evaluate university crop budgets from across the Corn Belt.  This week’s post takes a look at recent crop budgets and why additional soybean acres in 2017 might not be a clear winner for producers in all regions of the country. Continue reading

The 16 Questions Facing Production Agriculture in 2017

Production Agriculture in 2017. Ag Economic Insights. Ag Trends

by Brent Gloy and David Widmar

One of our most popular and favorite post to write is an annual look at the key questions facing production agriculture in the coming year. There are always a number of important issues to consider ahead of any year, but 2017 seems to have lots of unknowns.  More importantly, the questions facing production agriculture in 2017 seem to be more critical than years earlier.  With that said, here is our list of the 16 key questions facing production agriculture in 2017. Continue reading