The June 26 Badger Crop Connect webinar featured Dr. Paul Mitchell, Professor of Agricultural and Applied Economics, Extension State Specialist in Cropping Systems and Environmental Management, and Director of the Renk Agribusiness Institute at UW–Madison.
Dr. Mitchell opens with a quick update on prevented planning options with crop insurance and where we are with crop progress and crop conditions based on USDA NASS data. He then examines various indicators about the current state of farm finances in this year of projected tight margins for corn and soybeans, such as land values, loan repayment rates, interest rates and inflation. Discussion focuses on financial steps farmers can take now as they prepare for fall. Dr. Mitchell closes with some updates on where Congress is with the Farm Bill and some of the changes being proposed for commodity support and crop insurance.
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