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As discussed previously, the Clean Fuel Production Tax Credit, or Section 45Z, is a tax credit for biofuel producers, not a direct payment or benefit to farmers (farmdoc daily, May…

Southern crop agriculture occupies a prominent position in the history of the US crop safety net (Coppess).  Understanding its role in US crop agriculture is thus important.  Over the last…

The Risk Management Agency (RMA) of the USDA has released their final county yields estimates for 2025, providing information needed to calculate payments from area yield insurance plans including the…

Despite headwinds such as low prices, costly fertilizer, tight credit, and a looming El Niño, USDA forecasts continued record Brazilian corn and soybean production in 2027, consistent with recent growth trends driven by area expansion and yield improvement. History shows Brazilian farmers rarely retreat; weather-driven yield shocks, still unobservable for some time, are the most...

Agricultural credit conditions in Illinois showed signs of strain in the first quarter of 2026. Although loan demand remained elevated, repayment rates deteriorated, and collateral requirements remained tight across the…