Corn: Brazil Expecting Historic Safrinha Despite Less Than Ideal Weather Jun 16, 2022

🕔Jun 16, 2022
Brazil’s second corn crop, also known as the safrinha (Portuguese for “little harvest”), is expected to produce 3,465 million bushels in the 2021/22 crop season, 45% higher than last season’s […]

Continuous Disaster Aid Programs in U.S. Agriculture – A Policy Discussion Jun 16, 2022

🕔Jun 16, 2022
The existing farm safety net for crops in the United States includes commodity programs and crop insurance. Crop insurance protects against production losses and was instituted to move away from […]

Corn, Soybeans: Tracking Prevent Plant Acres in 2022 Jun 10, 2022

🕔Jun 10, 2022
A key pricing variable for U.S. corn and soybeans planted in 2022 is the acres elected into crop insurance prevent plant program.  U.S. planting progress as of June 5 is […]

Ag Policy: Disaster Programs and Interactions with Crop Insurance Jun 9, 2022

🕔Jun 9, 2022
Crop insurance has evolved with the goal of insuring a large share of acres to reduce demand for ad hoc disaster assistance.  One of the primary goals of crop insurance […]

Examining U.S. Ag Disaster Relief Programs Jun 9, 2022

🕔Jun 9, 2022
Since 2017, disaster payments have been made available to crop producers through programs called Wildfires and Hurricanes Protection (WHIP) program, WHIP Plus (WHIP+) program, and Emergency Relief Program (ERP). Given […]

Farm Bill: Reviewing the Latest CBO Baseline Jun 3, 2022

🕔Jun 3, 2022
Last week the Congressional Budget Office released its ten-year estimates for the mandatory farm bill programs for Commodities (Title I), Conservation (Title II), the Supplemental Nutrition Assistance Program (SNAP, Title […]

Grain Markets: What Are Long-Run Prices? Jun 1, 2022

🕔Jun 1, 2022
The Congressional Budget Office (CBO) recently released projected outlays for Federal farm programs from 2021 to 2031. To make these ten-year projections, CBO used estimates of commodity prices over the next […]

Corn, Soybeans: Potential Fall Prices, Based on History May 26, 2022

🕔May 26, 2022
Corn and soybean prices for 2022 fall delivery are at high levels. During the first two weeks in May, fall delivery bids in central Illinois averaged $7.39 per bushel for […]

Soybeans: How Will 3rd Consecutive La Nina Affect U.S., Brazil, and Argentina’s Yields? May 24, 2022

🕔May 24, 2022
International long-term forecast models hint at the possibility of a third consecutive La Niña event this year. It is not uncommon to see La Niña occurring over two successive seasons. […]

Tracking Corn and Soybean Prevent Plant in 2022 May 19, 2022

🕔May 19, 2022
Crop insurance’s prevent plant provision has the potential to reduce planted acres if weather delays planting until prevent plant’s first decision date.  This potential is especially relevant in 2022 with […]

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