Who Hasn’t Had Big Crop Yields During the Ag Slowdown?

By Brent Gloy & David Widmar

Since 2014, U.S. farmers have managed to produce very large corn, soybean, and wheat crops. These, and large crops around the world, have weighed on prices and created a major economic downturn for U.S. farmers.  While record large crops have meant most farmers have enjoyed high yields, U.S. production takes place across a very wide and diverse geography.  As such, some producers have seen high yields while others may have been less fortunate.

This week we look at county level corn, soybean, and wheat yields to better understand how crop yields have varied across the country during the economic downturn.  Areas where yields have been particularly high should have weathered the economic downturn better than areas where yields may not have been quite so good. Continue reading

Does U.S. Yield Potential Vary With State Acres?

corn photo

by David A. Widmar

In thinking about the implication of the USDA’s March 2016 Prospective Plantings report, many have noted the strong increase in corn acres in the central plains states. In fact, we noted in our earlier post that Kansas, Nebraska, North Dakota, Oklahoma, South Dakota, and Texas accounted for 40% of the anticipated 5.6 million additional acres of corn in 2016.

Since the USDA’s report, we have wondered about the potential implications that so many additional central plains acres might have on overall U.S yield potential. Specifically, would the additional corn acres in the lower yielding central plains states limit, or be a drag on the average U.S. yield? This week’s post takes a look at the data to see what can be said. Continue reading