It seems the USDA’s March Planting Intention Report never fails to surprise, and this year was no exception. This week’s post considers 2018 planting intentions and what it could mean for the farm economy.
After several consecutive years of strong corn and soybean yields, many will wonder and speculate about above-trend yields again in 2018. This post considers local yields for corn and soybeans why some producers could be facing disappointing yields in the future.
With the drumbeats of a trade war growing louder, a review of tariffs, how they work, and what it might mean for U.S. agriculture.
The establishment of the ARC/PLC program in the 2014 farm bill was a relatively major change in the structure of U.S. farm program payment mechanisms. For most producers, the amount of coverage provided by the ARC-CO program has declined since 2014. We examine the extent of the declines and which commodities have seen the biggest impacts.
Each March the acreage debate takes the agricultural center stage, and this year is no different. What makes the 2018 debate notable is the very real possibility the U.S. may plant more soybeans than corn.
While economic losses in 2018 are expected, costs of production have fallen to a point that leaves hope for a return to economic profitability in 2018.