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Weekly Farm Economics

2018 Crop Budgets: More of the Same

  • July 25, 2017
  • Gary Schnitkey

Crop budgets for 2018 now are available on farmdoc. In addition, 2017 crop budgets have been revised and 2016 returns and costs have been updated. Overall, 2018 budgets suggest more…
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Weekly Farm Economics

Seed Costs for Corn in 2017 and 2018

  • July 18, 2017
  • Gary Schnitkey

Per acre seed costs for corn likely will not significantly decrease until corn acres decline. Seed companies have little incentive to reduce prices under stable or growing acreages. In 2017,…
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Weekly Outlook

Corn Market Figures in Lower Yields

  • July 17, 2017
  • Todd Hubbs

Recent volatility in corn prices indicates concern about the 2017 U.S. corn crop. Temperature and precipitation during July are critical to developing corn yields. With the good and excellent ratings…
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Gardner Policy Series

Reviewing the June 2017 CBO Baseline

  • July 14, 2017
  • Jonathan Coppess, Gary Schnitkey, Nick Paulson and Carl Zulauf

On June 29, 2017, the Congressional Budget Office (CBO) released its updated estimates for the mandatory programs in the Agricultural Act of 2014, known as the baseline. It is standard…
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Weekly Farm Economics

Fertilizer Costs in 2017 and 2018

  • July 11, 2017
  • Gary Schnitkey

Fertilizer prices have fallen in recent years, leading to lower fertilizer costs, major costs of producing corn and soybeans that have declined the most since the commodity price declines in…
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Weekly Outlook

Weather Clouds Pork Outlook

  • July 10, 2017
  • Chris Hurt

Pork producers are watching the weather forecast almost as intently as crop producers. Higher feed prices driven by weather forecasts are now a new threat to their returns. Current feed…
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Evaluating Strategic Options

  • July 7, 2017
  • Michael Langemeier and Michael Boehlje

Today's business climate for farmers is fraught with uncertainty. Making smart long-run strategic decisions in this business climate is really difficult. When the future is so uncertain, one is tempted…
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