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November 23, 2020
One potential answer to the question of “how are current conditions similar to the 1980s” is to consider net farm income. The USDA has measured and reported these data for decades, which allows for meaningful comparisons over time. This week’s post reviews net farm income during the Farm Financial Crisis of the 1980s. Net Farm […]
November 16, 2020
by Brent Gloy and David Widmar “How do current conditions compare to the 1980s?” This is a question we are frequently asked, and it is important for many reasons. First, historical data can provide context – or a benchmark – of current conditions. Second, the Farm Financial Crisis of that decade has affected nearly everyone […]
November 9, 2020
The following is a condensed version of AEI Premium content. Not a subscriber yet? Get started with a free trial. The farm economy has gone through many ups and downs over the last 50 years. Along with that, government program payments have also been through their highs and lows, but 2020 will go down as the year […]
November 2, 2020
The following is a condensed version of AEI Premium content. You can read the original posts here and here. Not a subscriber yet? Get started with a free trial. We held off until the first week of November, but it is time we address the controversial topic on almost everyone’s minds: wheat acres. Last week’s post noted […]
October 26, 2020
In March, the USDA’s Prospective Planting report initially sized up 2020 acreage at 97.0 million for corn and 83.5 million for soybeans. The June acreage report walked corn acreage back considerably, and most recently, the October WASDE has pegged 2020 planted acreage at 91.0 million for corn and 83.1 million for soybeans. How did this […]
October 19, 2020
The following is a condensed version of AEI Premium content. The longer version of this post can be found here. Not a subscriber yet? Get started with a free trial. While the headline “fertilizer prices turn lower” has become familiar in recent years, it’s important to dig into the details and subtleties. This week’s post reviews the […]