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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

PEOPLE ARE CRITICAL LINK IN SUPPLY CHAINS –

Central Illinois farmer Doug Schroeder doesn’t expect to have any problems getting the parts and services he needs this fall for harvest. He bases that assumption on how well things worked for crop farmers during planting season, in spite of the COVID-19 pandemic. (Lincoln Journal Star)

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IFB COVID-19 RESOURCE HIGHLIGHT:

Health and safety remain a high priority on the farm. If you are looking for resources to help you develop a farm plan to prepare for disasters and catastrophic events, check out this resource created by Penn State Extension.

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