Weekly Insights

April 6, 2020

2020 Fertilizer Prices Remain Low

U.S. producers are positioned to plant the second-largest corn crop in modern history, but you wouldn’t notice by glancing at fertilizer prices. In the week’s post, we review 2020 fertilizer prices and the trend of lower prices.

March 29, 2020

2020 Crop Insurance Guarantees About Even for Corn & Soybeans

Given all of the other news that is floating around, it isn’t surprising that we haven’t heard a lot of discussion around the 2020 crop insurance guarantees.  We usually look to these guarantees to get an indication of whether the prices provide a nudge toward either corn or soybeans.

March 23, 2020

COVID-19 and U.S. Agriculture: 4 Key Questions

By Brent Gloy and David Widmar   Black Swan. Uncharted Territory. Unprecedented. While these terms have been used to describe COVID-19 over the last few weeks and months, they aren’t helpful to decision-makers trying to navigate weeks and months ahead of them. To think about what lies ahead for COVID-19 and U.S. agriculture, we’ve outlined […]

March 15, 2020

95 Million Acres of Corn in 2020?

As attention shifts to the 2020 planting season, questions about U.S. acreage – and the potential for the more than 95 million acres of corn- will come into focus. On the one hand, 95 million would be a substantial increase over the 90 million acres planted in recent years. On the other hand, 95 million […]

March 8, 2020

Farm Economy: Debt to Income Signals Caution

Over the last few years we have documented a number of important trends in the financial condition of the U.S. farm sector.  These have included a decline in liquidity, rapidly growing amounts of real estate debt, and deteriorating repayment capacity.  While falling interest rates have helped to mitigate the impact of increased debt use, farm […]

March 2, 2020

2020 Acreage: Winter Wheat Bats First

With the prevented planting headaches of 2019, many noted that “Mother Nature bats last.” With the 2020 acreage debate coming into focus, it’s also worth remembering the winter wheat bats first. This week’s post reviews the USDA’s latest 2020 winter wheat acreage estimate and potential impact for corn and soybean acreage.