Looming Trade War – An Illinois Ag Perspective

🕔Apr 19, 2018China and the threat of a possible U.S. trade war with the nation have dominated global headlines in recent months. Concerns are that if the world’s two largest economies come […]

Illinois Farm Finances: How Will Chinese Tariffs Affect Grain Farms?

🕔Apr 18, 2018Recent events suggest a possibility that China will place a 25% tariff on soybean exports from the United States to China. Such a tariff would result in lower soybean prices […]

2018 Farm Bill Debate: Reviewing CBO Baseline, Including Commodities

🕔Apr 13, 2018On April 9, 2018, the Congressional Budget Office (CBO) released its updated and revised baseline for the major programs in the farm bill. If Congress reauthorizes the farm bill programs […]

U.S. Cropland Prices: What’s the Impact of Increased Interest Rates?

©Debra L Ferguson
🕔Apr 12, 2018The Federal Reserve has initiated what appears to be sustained, incremental increases in the Federal Funds rate and by extension other interest rates. Current expectation is for a ¾ to […]

Farm Bill 1975-1995: Review Fixed Price Policy and Deficiency Payments

🕔Apr 6, 2018To round out the initial discussion of fixed price farm policy, this article reviews Federal expenditures for deficiency payments during the 1975 to 1995 crop years. The article builds on […]

What Is a Trade Deficit and How is it Measured?

🕔Apr 6, 2018As the potential for a trade war with China escalates, and the rhetoric about NAFTA continues to heat up, we thought we’d step back and talk a bit about the perception underlying […]

Farm Bill Preview – Budget Discipline and Farm Policy

🕔Apr 2, 2018Poised at the starting line for the legislative process, the House Ag Committee has been delayed by partisan disagreement over controversial changes to the Supplemental Nutrition Assistance Program (SNAP). SNAP […]

U.S. Field Crop Income – Return to Normalcy

🕔Mar 22, 2018The economic state of U.S. crop farming has drawn considerable attention in recent years. This article uses U.S. Department of Agriculture (USDA) cost of production data to compare the ratio […]

Crop Insurance: Premium Subsidy and Insured U.S. Acres

🕔Mar 16, 2018Cost of Federal Crop Insurance is an on-going farm policy issue. President Trump proposed several changes to reduce its cost in his Fiscal Year 2019 budget. The changes include reducing […]

RFS Deal-Making: Follow the North Star

🕔Mar 9, 2018With a flurry of negotiations and political conflict, the Renewable Fuel Standard (RFS) squeezed its way into the national news cycles of recent weeks (Kopperud, February 23, 2018; Renshaw, February […]

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