Weekly Insights

June 24, 2019

Farm Sector Working Capital at Critical Levels

By Brent Gloy Sector level working capital is one of the most straightforward and useful indicators of farm sector financial conditions.  Sector level working capital has been on the decline since 2012 and we indicated last year that it was approaching critical levels.  The most recent update by the Economic Research Service (ERS) indicates that […]

June 17, 2019

The Prevented Planting Giant Begins to Wake Up 

by David Widmar   After much anticipation and speculation, the USDA’s June WASDE report adjusted 2019 corn acreage and yields lower after a slow, wet spring. This is likely the first of many production adjustments to take place of the summer. We’ve observed a wild range of estimates and speculation about where the prevented planting […]

June 10, 2019

Concentration in Agricultural Production

by Brent Gloy The trend toward increasing amounts of total ag sector sales being generated by larger farms has been going on for some time, so I wasn’t planning on being surprised when I looked at table 41 of the 2017 Census of Agriculture.  This table reports on the concentration of sales in the farm […]

June 3, 2019

Reviewing the Trade War Consequences and Impacts

As the bitter reality of a seemingly never-ending trade war crashes down on the farm sector it’s useful – albeit sobering- to think about the economic consequences and impacts. 

May 28, 2019

The Knowns and Unknowns: A Guide to MFP 2019

While the 2019 MFP program seems very similar to the 2018 program, there are significnat difference. This post lays out what is known about MFP 2019.

May 20, 2019

Late Planting Season – Thinking Through the Implications

The first hiccup of the 2019 growing season has been realized – planting delays. This week’s post reviews planting progress and summarizes a few implications for U.S. corn and soybean production.