One big question in 2019 is trade: Will the U.S. and China reach an agreement? Will Congress approve the pact with Canada and Mexico? While export markets are important, there are other market drivers to consider: South American weather, African swine fever, and U.S. corn-soybean acreage swings, to name just a few. Because so much…
During the “commodity super-cycle” between 2007 and 2012, it wasn’t unusual for net farm income to top $125,000. But statistics show median farm income around $35,000 in 2017. Some would say we’re in a “winter of agriculture”—meaning a tougher challenge for some operations. But noted ag economist Dr. David Kohl says there are many new…