Corn and soybean prices for 2022 fall delivery are at high levels. During the first two weeks in May, fall delivery bids in central Illinois averaged $7.39 per bushel for corn and $14.52 for soybeans. Significant changes in prices...
The focus of my 2021 Farm Foundation Agricultural Economics Fellowship was on agricultural carbon markets. Concurrently, I collaborated with a team of Iowa State University researchers tasked with assessing the science gaps that must be addressed to foster a...
Crop insurance’s prevent plant provision has the potential to reduce planted acres if weather delays planting until prevent plant’s first decision date.  This potential is especially relevant in 2022 with its tight supply-demand balance.  Planting progress as of May...
Ontario’s provincial election campaign is now in full swing, and across the province, candidates are engaging with voters in hopes of capturing their support at the ballot box. In turn, voters want to know where candidates stand on the...
John Deere's shift to recurring revenue is an area that continues to interest me. I wrote on automation and the SaaS (software as a service) dynamic in August 2021 and when highlighting the John Deere 2021 Annual Report in...
The Biden Administration has proposed a $33 billion spending package that includes two proposals to incentivize production of U.S. food crops experiencing a global shortage due to the war in Ukraine. First, loan rates for select commodities would be...
As farmers are gearing up for spring and busy planting corn, lenders are busy reviewing their financial information. One would think that all financial information is prepared alike. However, as a lender, I can tell you first hand we...
Smaller than expected South American soybean production, the Ukrainian-Russian War, and little-to-no expected increase in US principal crop acres in 2022 has created a tight supply-demand situation for grains and oilseeds for both the US and world.  Given the...
Many soybean producers in South Dakota have embraced the practice of early soybean planting in recent years. At a workshop this winter, one producer in northern South Dakota mentioned his intention to begin planting soybeans as early as April...
Having farmed for three decades in the Midwest and been involved with agriculture for another two, I have never witnessed the current heightened level of uncertainties in production ag. Every new growing season brings the normal unknowns to it....
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