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Crop Insurance Decision Tool
This program calculates premiums, evaluates insurance payments, and provides historical data useful when making crop insurance decisions for multiple crops. Estimates are for crops in midwest and southeast states.
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2019 Budgets For All Regions
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Latest farmdoc Daily Articles
Still Lower Inventories with No Intentions to Expand
The USDA’s September Hogs and Pigs report places the September 1 inventory of all hogs and pigs at 73.8 million head, up about 1.8% from last quarter but down 1.4%…
Climate Change and the Farm Bill: A Brief History
The Inflation Reduction Act of 2022 invested approximately $19 billion in farm bill conservation programs for conservation practices that address climate change (farmdoc daily, August 11, 2022). In addition, USDA…
Fertilizer Prices, Rates, and Costs for 2023
While fertilizer prices have declined since spring, fertilizer prices remain high, and fertilizer costs are significantly higher than a year ago. Therefore, reducing rates where practicable seems prudent. Some fields…
2014 Farm Bill Voluntary Base Acre Reallocation: Cost Assessment
Base acres are an early discussion topic for the next farm bill (farmdoc daily, August 26, 2022). Current base acres date to the 2014 farm bill. This farm bill gave…
Mulling Over Margin, Part 2: the “Elusive” Cost of Production
In policy, definitions matter. As part of a forthcoming Farm Bill, Congress may consider changes to farm programs to incorporate margins, expected to be defined as the difference between a…
A Straight-Forward Variable Cash Lease with Revised Parameters
Last year, we specified terms for a variable cash rent agreement (farmdoc daily, August 10, 2021). Variable cash rents are one form of farmland leasing that has the rent vary…
Latest Farm Policy News Articles
IMF- Food Insecurity Rising Since 2018, War in Ukraine Push Food and Fertilizer Prices Higher, as Mississippi Barge Rates Hit Record High
Wall Street Journal writer Yuka Hayashi reported late last week that, “Sharp rises in food and fertilizer prices caused by the war in Ukraine are creating the worst global food…
One of the Strongest Storms to Ever Hit the U.S., Hurricane Ian Causes Damage and Destruction
Elizabeth Findell, Dan Frosch and Cameron McWhirter reported on the front page of today’s Wall Street Journal that, “A day after Hurricane Ian ripped through the beach towns and coastal cities…
Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook
DTN writer Russ Quinn reported yesterday that, “Retail fertilizer prices tracked by DTN for the third week of September 2022 continue to show varied prices. Five of the eight major…
Adverse Weather Brings “Shrinking” Harvests, and Tight Global Grain Inventories
Reuters writer Tom Polansek reported yesterday that, “The world is heading toward the tightest grain inventories in years despite the resumption of exports from Ukraine, as the shipments are too…
218 Ships Have Left Ukraine Under Black Sea Export Deal, While U.S. Thanksgiving Turkey Prices in Focus
Reuters writer Pavel Polityuk reported late last week that, “A total of 211 ships with 4.7 million tonnes of agricultural products on board have left Ukraine so far under a…
Russia Wheat Harvest Could Reach Record, but Exports Stymied- as Ukraine Begins Corn Harvest
Bloomberg writer Aine Quinn reported today that, “Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the…