The coronavirus is causing unprecedented disruption in the US and global economies. Agriculture has already and will continue to be impacted. The farmdoc team is offering a series of webinar events to discuss the impact the coronavirus crisis on Corn Belt agriculture for the coming 2021 year. The webinars, hosted by Todd Gleason, will be 30 minutes of presentation followed by 30 minutes of Q & A.
We will provide returns projections for corn, soybeans, and wheat production in 2021. Farm income for Illinois grain farms will be projected for both 2020 and 2021. Possible farm incomes will be presented that include payments from the farm safety net.
Additional Webinars in this Series
As summer approaches its end, the coronavirus pandemic has gotten worse, the economic outlook has dimmed and Congress is attempting to negotiate a potential next round of relief for the coronavirus pandemic while the 2020 election draws nearer. This webinar will review the policies put in place to date and attempt an outlook of the policy landscape ahead. The webinar will look at how MFP, CFAP and other ad hoc relief can serve as a leading indicator of policy directional changes, as well as review potential concepts and historical analogues.
Farmland markets outlook will be given in both the short and long-run. The impacts of changes in farmland returns and interest rates will be evaluated. While returns to farmland have been stable, interest rates also have been low, leading to relatively high capitalized values.
Overall, the financial positions of Illinois farms are still strong, but erosion has occurred.
If you need a reasonable accommodation to participate, contact the registration office.
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