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

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

Agriculture and Exchange Rates: It’s Complicated

by David A. Widmar

Even though trade is important to U.S. agriculture, exchange rates are often overlooked. Currency exchange rates have been an important topic in recent years as the Dollar has trended stronger- or become more expensive – since 2012 (we’ve written about here and here). This week’s post is an updated look at exchange rates and how trends changed in 2016.  Continue reading