Recent Articles

November 23, 2020

Farm Income During the 1980s

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

Escaping 1980: How Does the Farm Economy Compare to the ’80s?

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

Government Program Payments, What’s to Come?

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

2021 Acreage Debate- Wheat Acres

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

Prevented Plant at Historic Highs Again in 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

Fertilizer Prices Again Turn Lower

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 […]