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Gary Schnitkey
grain outlook
Joana Colussi

Brazil Starts Planting Grain Crop with Forecast of a New Record

September 22, 2021
Joana Colussi and Gary Schnitkey
Farmers in Brazil began planting in September for what is expected to be a recording-breaking 2021-2022 harvest. The first projection from CONAB (National Supply Company in Brazil) projects farmers will produce 289.6 million tons of soybeans, corn, cotton, rice, and…
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Recent Articles

Carl Zulauf
Gary Schnitkey
Krista Swanson
land prices
Nick Paulson
Weekly Farm Economics

Debt Financing and Timing Farmland Purchases

September 21, 2021
Gary Schnitkey, Krista Swanson, Nick Paulson, and Carl Zulauf
Farmland returns have averaged around 10%, particularly when holding periods exceed 20 years. Even given this 10% average return, financing farmland is difficult because capital gains make up a large portion of total return. There is little reason to expect…
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Brad Zwilling
machinery economics

Comparing Machinery Values on Illinois Grain Farms

September 17, 2021
Bradley Zwilling
Not only has machinery values been increasing over time, so has the size of farms.  This study compares machinery values on Illinois grain farms enrolled in Illinois Farm Business Farm Management Association (FBFM) for years 2010 and 2020.  We also…
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Carl Zulauf
Gardner Policy Series
Gary Schnitkey
Krista Swanson
Nick Paulson

Evaluating Impact of House Ways & Means Proposal for Tax Changes

September 16, 2021
Krista Swanson, Carl Zulauf, Gary Schnitkey, and Nick Paulson
New details for a potential $3.5 trillion spending and tax package were released by the House Ways & Means Committee on Monday September 13, 2021, including a proposal for funding new policies advanced by Democrats. This package includes proposals for…
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Carl Zulauf
Gary Schnitkey
Krista Swanson
long-term outlook
Nick Paulson
Weekly Farm Economics

WASDE 2021 Price Projections in Historical Perspective

September 14, 2021
Gary Schnitkey, Nick Paulson, Carl Zulauf, and Krista Swanson
The Office of the Chief Economist of the U.S. Department of Agriculture recently revised 2021 market year average (MYA) price projections to $5.45 per bushel for corn and $12.90 per bushel for soybeans. For both corn and soybeans, the 2021…
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Carl Zulauf
environmental policy
farm program analysis and outlook
Gardner Policy Series
grain outlook
long-term outlook

An Evolving Path to Declining US Crop Acres

September 8, 2021
Carl Zulauf
US crop agriculture is on an evolutionary path to fewer acres. Supporting evidence is discussed. This path points to an important strategic question for both the US and US agriculture: “Is yield enhancing research sufficient to maintain the current size…
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Carl Zulauf
cash rents
Gary Schnitkey
Krista Swanson
Nick Paulson
Weekly Farm Economics

Information on 2021 Cash Rents with Implications for 2022

September 7, 2021
Gary Schnitkey, Krista Swanson, Carl Zulauf, and Nick Paulson
All public information that will be useful in making 2022 cash rents is now available. The National Agricultural Statistics Service (NASS) recently released state and county rents for 2021. In addition, the Illinois Society of Professional Farm Managers and Rural…
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Weekly Farm Economics

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Debt Financing and Timing Farmland Purchases

September 21, 2021

WASDE 2021 Price Projections in Historical Perspective

September 14, 2021

Information on 2021 Cash Rents with Implications for 2022

September 7, 2021

Higher Wheat Crop Insurance Premiums and the 2022 Crop Insurance Decision Tool

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Stress Test of 2022 Crop Returns

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Gardner Policy Series

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Evaluating Impact of House Ways & Means Proposal for Tax Changes

September 16, 2021

An Evolving Path to Declining US Crop Acres

September 8, 2021

US Animal and Product Production, 2018-2021

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