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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. Empirical analysis so far has not identified any statistically significant explanatory factor, so this article’s purpose is to call attention to this dramatic change. Given land’s large share of US farm assets (roughly 80%), it is […]
  • 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

AFBF RESOURCE HIGHLIGHT:

American farmers have continued to persevere through challenges brought on by the coronavirus. But what will happen to farm bill programs without immediate Commodity Credit Corporation (CCC) replenishment? What significance has the program’s borrowing authority had in the past? (Farm Bureau)

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