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August 19, 2019
By Brent Gloy Farmland values are an important indicator of the health of the U.S. farm economy. Farmland accounts for the vast majority of the assets of the farm sector. As farm incomes have slid we have carefully watched indicators of farmland values for clues to how well they are holding up. Purdue’s farmland value […]
August 12, 2019
By David Widmar Following up on our earlier post, the 2019 Corn Yield Guide, this week’s post is the 2019 Soybean Yield Guide. Like the earlier post, the goal of this week’s post isn’t to provide an estimate or comment on other yield forecasts. However, this week’s post uses historic, detrended yield data to […]
August 5, 2019
By David Widmar After five back-to-back years of above-trend corn and soybean yields, 2019 seem positioned to experience below-trend conditions. Lower-than-expected yields come after a cold, wet spring also created significant prevented planting conditions. At this point, however, the magnitude of production hiccups – yields and acreage- are unknown. This week’s post – the 2019 […]
July 29, 2019
by Brent Gloy and David Widmar Last week’s post was a look at the trends in farm property tax expenses. Consistent with what producers have been telling us, property tax expenses in recent years has been historically high by a couple of different measures. Of course, making the situation more challenging has been declining […]
July 22, 2019
By Brent Gloy and David Widmar A topic producers frequently mention to us is property taxes. After the farm economy boom pushed farmland values higher, property taxes for most went higher. The burden of higher property taxes has become more painful now that farm income has been persistently low over the last 4 years. […]
July 15, 2019
by Brent Gloy and David Widmar The flow of meaningful information from USDA leadership about MFP 2019 payments has remained painfully slow. Yes, there was the big announcement, but there has been exactly zero information that producers can plug into their farm financial projections to help them plan for the rest of 2019. In […]