As we thought about what 2019 production might have in store, we realized we did not have a great handle on how corn and soybean usage varied from year to year. For this week’s post, we reviewed annual corn and soybean usage data.
This week’s post reviews prevented planting acres for corn and soybeans to frame the discussion for potential outcomes in 2019.
Higher interest rates have been a concern. This week’s post takes a look at farm interest expense and the two key drivers, interest rates and debt levels.
Higher Fertilizer Prices in 2019: This week’s post reviews the USDA’s latest Illinois fertilizer price data and the implication for producers this spring.
Rumors of China agreeing to purchase an additional $30 billion per year in ag products circulated late February. This week, we size-up a potential $30 billion annual trade deal with China.
Last week the USDA released its first estimate of net farm income for 2019. While this is an early look, there were several important takeaways. This week’s post reveals the latest insights, especially about 2018.