Farmdoc daily

Agricultural, construction, and mining machinery manufacturing remains an important link between the Midwest’s agricultural and manufacturing sectors. Farmers are more likely to purchase new equipment and replace older machinery when farm incomes are strong. Consequently, this industry is not only a key driver of Midwestern manufacturing competitiveness, but also an important in...

Crop farmers will have to choose a commodity program for the 2026 crop year.  An annual decision was also made for the 2021-2024 crop years.  Farmers’ choices for these four…

Soon, the decision-making process for the 2027 crop will begin in earnest, and Midwest farmers will begin making acreage choices between corn and soybeans. In this article, we build on…

The US farm bill crop safety net targets two risks.  Crop insurance targets production-period low yield and revenue risk.  Commodity programs target multiple-year low price and revenue risk. A farm…

Continuing the review of the Clean Fuel Production Tax Credit, this article explores the potential economic benefit that could be created for Midwest corn and soybean producers implementing approved practices. …