The Department of Agricultural and Consumer Economics
and
The Regional Economics Applications Laboratory (REAL)

welcomes

Dr. Mark D. Partridge

C. William Swank Chair in Rural Urban Policy and Professor
Department of Agricultural, Environmental and Development Economics
The Ohio State University

"

URBANA, Ill. – In USDA's December Hogs and Pigs report, pork producers indicated they continue to increase the breeding herd at a slow, sustainable pace. The breeding herd was up 1 percent and the market herd was up 2 percent. According to Purdue University Extension economist Chris Hurt, these were in alignment with pre-report market expectations.

URBANA, Ill. – The USDA releases the estimate of corn stocks held in the United States on Jan. 12. On the same date, the final estimate of the size of the 2017 corn crop is revealed. The estimates show the level of corn consumption during the first quarter of the 2017-18 marketing year. According to University of Illinois agricultural economist Todd Hubbs, these estimates allow for an updated projection of the level of stocks likely to be on hand at the end of the marketing year and will provide an indication of the direction for corn prices through the spring.

URBANA, Ill. – Pawning family valuables or paying one bill while letting another bill slide may be warning signs that someone is at risk for being food insecure. A new University of Illinois study uses data collected from people who visit food pantries to show that these financial coping strategies can help identify people who are very food insecure or at risk for becoming food insecure.

URBANA, Ill. – The recent strength in ethanol production has led to speculation about changes to USDA’s estimate of corn used for ethanol in the pending World Agricultural Supply and Demand Estimates report. According to University of Illinois agricultural economist Todd Hubbs, ethanol production for the week ending Dec.1 set a new ethanol production record with an average of 1.108 million barrels per day, continuing eight consecutive weeks of more than a million barrels a day of production.

The Department of Agricultural and Consumer Economics

welcomes

Dr. Brian Adam
Professor, Agricultural Economics
Oklahoma State University

"Whole-Chain Traceability - Information Sharing from Farm to Plate and Back Again"

URBANA, Ill. – Corn and soybean prices have weathered the USDA's November Crop Production report which contained larger forecasts of the size of the 2017 harvest, relative to market expectations for both crops. According to University of Illinois agricultural economist Todd Hubbs, considerable speculation will occur over the next few months about the acreage decisions farmers will make in 2018. Current market conditions appear to support moderate soybean and corn acreage expansion in 2018.

URBANA, Ill. – United States soybean exports will play a significant role in determining soybean prices this marketing year. According to University of Illinois agricultural economist Todd Hubbs, the recent level of soybean exports from the United States trails last year’s pace. 

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