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  • Conservation & Risk, Part 5: Examining a Risk-Payment Gap for Nitrogen Management
    Agricultural conservation policies include assistance for nutrient management. To the extent that this assistance is intended to encourage farmers to reduce application rates for nutrients, such as nitrogen, the policy presents another variation on the conservation-risk challenges examined in this series. This article examines a case study to illustrate the potential costs and risks from […]
  • Enough Room for the Harvest? Grain Storage Pressure in the Corn Belt
    US grain storage capacity can in aggregate hold this year's carry-in stocks and expected harvest, but potential storage demand exceeds capacity in ten of thirteen Corn Belt states. Historically, grain movement during the harvest period relieves this pressure by December, so a 2026 storage crunch is unlikely. Stagnant capacity growth, however, means future bumper crops […]
  • Variable Cash Lease Considerations for 2027
    The variable lease will result in larger rents during higher crop revenue periods and lower rents during lower crop revenue periods, providing some natural risk protection for the farmer tenant while also providing landowners with upside rent potential under better revenue conditions. However, the high production costs that have persisted since 2023 have resulted in […]