Nancy Kavazanjian
Topics: Agriculture US, Economics, USDA,
Economic Consequences of Capping Premiums in Crop Insurance
The study analyzes the economic consequences of capping farmer premiums for crop insurance offered by the USDA Risk Management Agency (USDA-RMA). A cap on the premium-to-liability ratio of 4.0% would…
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Nancy Kavazanjian
Costs and Returns for Illinois Beef Producers in 2022
Total economic returns in 2022 for Illinois beef feeding enterprises exceeded total costs by $25.41 per 100 pounds of beef produced in preliminary findings for farms enrolled in Illinois Farm…
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05/16/2023 SOURCE: farmdocdaily.illinois.edu
This article reviews the latest US corn and soybean production and use forecasts from USDA which include forecasts for the new-crop 2023/24 marketing year. These new-crop supply and demand projections…
Setting Restrained Expectations for New-Crop Corn and Soybean Prices
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Nancy Kavazanjian
Topics: Soybeans, Agriculture US, Sustainability, Renewable Energy (Solar/Wind),
Renewable Diesel and Biodiesel Usage Trends over 2011–2022
The renewable diesel boom in the U.S. began in earnest during 2021, driven by federal and state policies, including the Low Carbon Fuel Standard (LCFS) in California. As shown in…
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Nancy Kavazanjian
Topics: Agriculture US,
Perspectives on Farmers and Farming from the Gardner Food and Agricultural Policy Survey
In the fourth wave of the Gardner Food and Agricultural Policy Survey, we added a series of questions intended to measure the public’s perspectives on farmers and farming (farmdoc daily,…
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Nancy Kavazanjian
Topics: Agriculture US, Economics,
Inflation and Agricultural Interest Rates
Interest rates on agricultural loans have increased as the Federal Reserve Bank (FED) has raised rates to combat increased inflation. Given different inflation rate scenarios, we present scenarios of possible…
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Nancy Kavazanjian
Topics: Agriculture US, Weather,
The Use of Climate Information in Midwest Agriculture: Results from a Farmer Survey – Part II
While much research has been done on the impacts of climate variability and climate change on agricultural production, there are few studies on how weather/climate information influence agribusiness decisions. Also,…
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Nancy Kavazanjian
Topics: Soybeans, Agriculture US, Renewable Energy (Solar/Wind),
Overview of the Production Capacity of U.S. Biodiesel Plants
Biodiesel production in the U.S. took off in the mid-2000s, driven by a plethora of federal and state incentives (Mattson, Wilson, and Duchsherer, 2007). Biodiesel capacity continued to expand after…
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12/28/2022 SOURCE: farmdocdaily.illinois.edu
The adoption of battery electric and hybrid electric vehicles is part of a larger effort to reduce gasoline consumption and greenhouse gas emissions. Light-duty vehicles, the majority of which use…
The Impact of Long-Run Declines in Gasoline Use on the US Corn Market
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