Recent Articles

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 […]

October 12, 2020

A Geographical Look at Net Farm Income and Direct Payment Trends

The following is a condensed version of AEI Premium content. You can read the original post here. Not a subscriber yet? Get started with a free trial. In a recent post summarizing overlooked insights from the latest net farm income data, we noted that commodity and regional variations are important to consider. As part of the USDA’s recent release, […]

October 5, 2020

PLC and Too Few Bushels

The following is a condensed version of AEI Premium content. You can read the original post here. Not a subscriber yet? Get started with a free trial. This Fall, producers will receive ARC/PLC payments under the 2018 Farm Bill for 2019 production. PLC was the popular choice for corn producers, with 76% of base acres electing the program. […]

September 28, 2020

7 Overlooked Insights from the USDA’s Farm Income Estimates

Earlier this month, the USDA released its latest farm income and financial data. The update captured significant attention given the uptick in farm income and direct farm payments. Moving beyond the hot-takes, headlines, and Twitter threads, we’ve spent considerable time breaking down the latest data and pulling out key insights (here, here, and here). In […]

September 21, 2020

The Most Interesting Chart in 2020: U.S. Gasoline Consumption

Decades from now, observers will reflect on key statistics, such as unemployment and GDP, and note how numerous conditions in 2020 hit unfavorable records. In a year full of extremes, this week’s post reviews what we consider to be the most interesting – and insightful – chart of 2020: U.S. gasoline consumption. U.S. Gasoline Consumption […]