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This article discusses payments made by ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage) commodity programs for the 2020 crop year.  USDA, FSA (US Department of Agriculture, Farm Service Agency) recently released these payments for all covered program commodities…
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Recent Articles

Safrinha corn is Brazil’s 2nd corn crop, planted right after the soybean harvest, typically in January and February, mainly in the Midwest and Center-South of Brazil. Initially smaller than the 1st crop, it was named the safrinha, “little harvest” in…
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Farmers will again have until March 15 to make commodity title program selections. Given the current high prices, commodity title payments are not expected from any program option for the 2022 marketing year. If a change in conditions resulted in…
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The USDA’s December Hogs and Pigs report places the December 1 inventory of all hogs and pigs at 74.2 million head, down about 1% from last quarter and 4% lower than the same time last year, compared to an average…
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Due to relatively strong fed cattle prices, cattle finishing net returns ended 2021 on a positive note.  Will these positive net returns continue into 2022?  This article examines feeding cost of gain, breakeven prices, and net return estimates for 2021,…
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Lack of labor is often mentioned when discussing US supply chain problems.  To attract employees, firms may need to raise wages, which can then lead to inflation.  Inflation has implications for US Federal debt and interest rates discussed in the…
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Net farm income in the U.S. reached nearly $95 billion in 2020 and is projected at nearly $117 billion for 2021 after averaging just under $76 billion from 2015 to 2019. The share of farm income coming from government payments…
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