Minor reduction in ag and food revenue under Paris climate agreement
Compared to other developed nations, the United States would feel little impact from climate mitigation efforts modeled on the Paris accord, said two Purdue University researchers on Thursday.
Farmer confidence surges, is highest since trade war began
With Trump tariff payments boosting Corn Belt farm revenue, farmer confidence shot to its highest level since last June, just before the trade war began against China, said the monthly Ag Economy Barometer published by Purdue University. Producers polled by Purdue said they expect ag exports to increase in the years ahead, an indirect sign they expect a beneficial resolution with China.
Corn growers say yes to revenue guarantees, no to yield protection
Given the choice, Corn Belt farmers vastly prefer revenue guarantees for their crop, whether through crop insurance or farm subsidies, over coverage that is based on yields, says economist Gary Schnitkey of the University of Illinois. The research shows why proposals to revamp the federally subsidized crop insurance program typically bog down in Congress.