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  • The Dramatic Change in US Ag Land Price-Rent Ratio
    The ratio of US cropland price to cropland cash rent has nearly doubled since 1998, from 20 to 36 (see Figure 1).  Empirical analysis so far has not identified any…
  • Forecasting US Field Crop Sector Prosperity
    This article presents a model to forecast net return at harvest for the nine field crops that USDA ERS computes an economic cost of production. The model includes last year’s percent net return at harvest, last year’s average return to storing US corn and soybeans, and the ratio of beginning world stocks to last year’s […]

Agriculture News

FROM AD HOC TO GREEN PAYMENTS –

Agriculture could face a significant financial cliff going into 2021 if the ad hoc government programs come to an end and there’s no new revenue stream to boost prices and income. A “green payment” could offset the decline in ad hoc payments. (DTN)

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CHINA CANNOT GO HUNGRY –

Chinese purchases of U.S. soybeans, just in the past six weeks, have been head turning, says American Farm Bureau ag economist Veronica Nigh. She reports Chinese imports, along with imports from other nations, have pushed new crop soybean sales to 1.3 billion bushels. (Herald & Review)

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