Recent Articles

February 22, 2021

5 Takeaways: A Look at Early 2021 Net Farm Income Estimates

In February, the USDA released its first estimate of net farm income for the upcoming year. While subject to several updates and revisions, these early estimates help size up conditions as producers plan and budget for the upcoming year. This week’s post highlights five key takeaways from the latest data. 1. Another Strong Year of […]

February 15, 2021

How High? Farmland Values in 2021

This week’s post is an overview of a two-part series (here and here) posted on AEI Premium the week of Jan. 4, 2021. The farm economy turnaround since August has sent ripples into the farmland market. Recent data from the Kansas City and Chicago Federal Reserve districts show values were higher in late 2020. The […]

February 8, 2021

2021 ARC vs. PLC Decision: 6 Considerations

By Brent Gloy and David Widmar   This winter marks the third time producers head to the local FSA office to make an ARC/PLC election. While we thought the decision would get easier with experience, the 2021 environment is perhaps the most challenging yet. We recently wrote three AEI Premium articles (here, here, and here) […]

February 1, 2021

Global Acreage Expansions, Old and New

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. There are two ways for agriculture output to increase: yields and acres. The upward trend in yields, especially in corn and soybeans, is well known and discussed. Acreage, however, is often overlooked […]

January 25, 2021

Sizing-Up the Uncertainties Facing Agriculture in 2021, Part 2

Last week we shared our list of nine key questions facing agriculture as we head to 2021. While it’s helpful to layout and discuss the issues, it’s important to push our thinking one step further. This week, we breakdown and size-up a few of the issues into forecastable questions that you can think about as […]

January 19, 2021

9 Questions Facing Agriculture In 2021

by Brent Gloy and David Widmar   Each year we carve out time to think about the issues and uncertainties facing agriculture in the coming year. This week, we outline nine questions facing agriculture in 2021. 1) Another Strong Farm Income Year? The combination of record-high government farm payments and a Fall/Winter commodity price rally […]