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Brazilian farmers are on a trajectory to have the highest soybean return in history for the 2019/20 marketing year. Soybean prices have reached highs in recent months, caused by low domestic supplies and the depreciation of the Brazilian real (BRL)…
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Recent Articles

We compared projected state yields made available in the September Crop Production report to trend yields estimated with forty years of historical data. State corn yields are projected to be above-trend for most Midwest states in the Corn Belt, except…
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The USDA’s September Hogs and Pigs report places the September 1 inventory of all hogs and pigs at 79.1 million head, a record for this quarter, up just 0.7% from last year and slightly above the average pre-report estimate of…
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The passing of Justice Ruth Bader Ginsburg can offer an occasion for thought and reflection. A powerful advocate for equality under law, she leaves a vast, important legal legacy. An honest attempt to reason with law and power—to reckon in…
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Farm safety net payments that mitigate low farm income can encourage more production and thus more payments. Since the 1996 farm bill, this fundamental farm safety net dilemma has been managed primarily by making payments on historical base acres, not…
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In the past month, much has changed in outlook for grain farm income. The U.S. Department of Agriculture (USDA) is projecting relatively high yields for corn and soybean in Illinois. Moreover, price expectations have increased considerably. In addition, payments for…
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At a campaign stop in Wisconsin on September 17, 2020, President Trump announced a second round of Coronavirus Food Assistance Program (CFAP2) payments. USDA estimates up to $14 billion in new payments under CFAP2. Sign up begins on Monday, September…
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