Illinois Corn, Soybeans: High Return Outlook for 2021 May 21, 2021

🕔May 21, 2021
The U.S. Department of Agriculture released 2021 corn and soybean supply balance sheets for the first time in the May World Agricultural Supply and Demand Estimates (WASDE) report. In the report, […]

Corn, Soybeans: Anticipating USDA Planted Acreage Revisions in 2021 May 20, 2021

🕔May 20, 2021
The size of U.S corn and soybean planted acreage plays an important role in the market outlook for both crops.  The USDA released the 2021 Prospective Plantings report on March 31st and this […]

Cotton: The Evolving U.S. Safety Net May 14, 2021

🕔May 14, 2021
Cotton is an economically and politically important farm safety net commodity.  Following its program is thus important to understanding the forces and issues impacting the US farm safety net. This […]

Livestock: An Overview of Meat Consumption in the U.S. May 13, 2021

🕔May 13, 2021
Livestock feed is a significant use of both corn and soybeans. Forty percent of the domestic corn crop and over 60% of domestic soybean production are used as livestock feed […]

Cattle Finishing – How Have Higher Corn Prices Affected Feeding Cost of Gain? May 12, 2021

🕔May 12, 2021
Corn price futures for the July 2021 contract (December 2021 contract) increased from $4.68 per bushel ($4.31 per bushel) in early January to $6.56 ($5.57) for the week ending April […]

Corn, Soybeans: Chances of Lower Harvest Time Prices on 2021 Futures Contracts May 12, 2021

🕔May 12, 2021
Prices on 2021 harvest-time futures contracts are above $6.00 per bushel for corn and $14.00 per bushel for soybeans, well above most prices since 2013. Some farmers express concerns about […]

Crop Insurance: How Likely Is Supplemental Area Coverage to Over-Compensate for Damage? May 7, 2021

🕔May 7, 2021
Yesterday, we examined the likelihood that payments from crop insurance policy combinations utilizing SCO and ECO would under-compensate farm-level losses compared to using a higher level RP policy, also referred […]

Crop Insurance: Supplemental Area Insurance and Basis Risk Measures May 6, 2021

🕔May 6, 2021
The Enhanced Coverage Option (ECO) is a new supplemental insurance program introduced this year, providing county coverage from 90% or 95% coverage level down to 86%. The Supplemental Coverage Option […]

Corn: Crop Insurance Coverage Levels and ECO Use May 5, 2021

🕔May 5, 2021
Enhanced Coverage Option (ECO) became available as an add-on to a farm-level crop insurance product in 2021. While available for other plans, we focus on Revenue Protection (RP) in this […]

Is Ad Hoc Assistance Justified in the Presence of Commodity Programs? May 4, 2021

🕔May 4, 2021
The ad hoc Market Facilitation Program (MFP) compensated farms for the estimated loss of exports due to retaliatory tariffs placed on US farm exports by other countries in response to tariffs […]

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