Blog

  • Farm management implications of uncertainty in the number of days suitable for fieldwork in corn production

    posted by Michelle Mensing on Thursday, May 25, 2017 Changes in weather trends or increased variability during the growing season may alter the optimal farm management choices regarding machinery purchases, crop allocation to available acreage, varietal trait selection, and crop management practices.

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  • Brazil Political Crisis takes Soybean with it

    posted by Sampath Jayasinghe on Friday, May 19, 2017 Brazil's government scandal brought its currency, the Real, down approximately 7 percent within the last 24 hours. This large drop in the Brazil's currency has made U.S. soybean uncompetitive and less attractive in the international soybean market.

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  • Can You Trust Economic Contribution Studies?

    posted by Merlin Siefken on Thursday, May 11, 2017 I have a Google alert set for Economic Contribution and another for Economic Impact. This gives me a great overview of the plethora of studies commissioned by clubs, resorts, businesses, counties, states and non-profits all seeking to justify their contribution to society.

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  • Getting to Know Decision Innovation Solutions

    posted by Preston Lyman on Thursday, April 27, 2017 The Decision Innovation Solutions (DIS) slogan is, “Bridging Your Information Research Needs”. What does this mean? There is a common business term, “innovate or die”. At DIS we understand this. Back in 2007, Spence Parkinson started the company with his partner Sterling Liddell, a co-worker at Iowa Farm Bureau.

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  • U.S. Agricultural Trade with China

    posted by Patricia Batres-Marquez on Thursday, April 20, 2017 Supported by economic growth, increasing household income, constrained farmland area, and a diversified diet that includes more animal protein, dairy products, and other consumer oriented products, China agricultural imports expanded since the beginning of the last decade.

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  • Pure Biodiesel Production 2009-2016

    posted by Sampath Jayasinghe on Thursday, April 13, 2017 Pure or traditional biodiesel is known as Fatty Acid Methyl Ester (FAME) and renewable diesel (also known as Hydrotreated Vegetable Oil or HVO) often are confused. They are both made from organic biomass, but are different products due to their production process and quality attributes.

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  • The United States and Canada Agricultural Trade

    posted by Patricia Batres-Marquez on Thursday, March 30, 2017 In 2016, Canada was the second largest market for U.S. agricultural products with a value of $20.5 billion. The leading market destination in 2016 was China, with $21.4 billion worth of U.S. agricultural exports. The export composition of these two markets is different, with U.S. exports to China consisting mainly of bulk commodities, particularly U.S. soybeans.

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  • Is the problem on the rails or in the rails?

    posted by Merlin Siefken on Thursday, March 23, 2017 I was reading a Reuters Media article dated March 15, 2017 entitled “New, safer U.S. rail cars gather dust even as ethanol trains grow longer”. The article referred to the recent spill of ethanol from a unit train derailment in northwest Iowa.

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  • Multi-Year Average Loss Ratios for Iowa County Crop Insurance

    posted by Spencer Parkinson on Thursday, March 16, 2017 We recently put together a brief article on the actuarial performance of corn and soybean crop insurance premiums in Iowa from 2001-2015. This article was patterned after work done by Carl Zulauf and Gary Schnitkey from Farmdoc Daily in Illinois.

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  • U.S. Agricultural Trade with Mexico

    posted by Patricia Batres-Marquez on Thursday, March 09, 2017 In 2016, Mexico was the third largest value market for U.S. agricultural products, after China and Canada. The 2016 value of U.S. agricultural exports to Mexico was up 0.8% to $17.9 billion from 2015, but down 7.9% compared with the record value in 2014 ($19.5 billion).

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  • Estimated 2016 ARC-CO Payments Using NASS Yield Data

    posted by Michelle Mensing on Thursday, March 02, 2017 The recently released NASS harvested yields can be used to estimate the 2016 Agriculture Risk Coverage (ARC) payments planned for payment in the fall. These estimates will likely vary from the final Farm Service Agency (FSA) yields used to calculate the actual payments this fall and should only be used as approximations.

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  • Actuarial Performance of Crop Insurance Premiums

    posted by Spencer Parkinson on Thursday, February 23, 2017 Carl Zulauf and Gary Schnitkey recently published a brief research paper in Farmdoc Daily (FDD) in which they studied the loss ratio of all major insured crops and then individually for each of the four crops. These crops included corn, soybeans, cotton and wheat. Given the national variability in weather, crop insurance purchase patterns (plan, coverage level, etc.) the application of the analysis to Iowa makes sense. This analysis follows.

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  • Daily Ethanol Prices Analysis

    posted by Jing Tang on Monday, February 13, 2017 We have done an analysis to understand the relationship among monthly average ethanol prices versus ethanol ending stocks, corn prices, and gasoline prices. The major finding was that all of three predictors, i.e., ethanol ending stocks, corn prices, and gasoline prices, have statistically significant influences on monthly average ethanol prices.

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  • The U.S. Withdraws from TPP: What are the effects on Iowa's Agriculture?

    posted by Preston Lyman on Friday, February 10, 2017 Most trade agreements are of benefit to agriculture commodity exports, and the Trans-Pacific Partnership (TPP) Agreement was no different. More access to markets previously not available due to high trade restrictions can be beneficial to parties interested in the international commodity markets.

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  • The Value of Engineering and Economics Partnerships on Project Proposals

    posted by Casey Patton on Monday, February 06, 2017 How can economic research and engineering work together toward the common goal of informing funding policies and decisions in order to prioritize limited dollars and maximize return on investment?

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