Paul D. Mitchell
@mitchelluwProfessor at the University of Wisconsin-Madison in the Department of Agricultural and Applied Economics and Extension State Specialist
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Jan USDA WASDE published updated 2023 season avg prices: Corn down 5 cents to $4.80, Soybeans down 15 cents to $12.75, Wheat down 10 cents to $7.20 usda.gov/oce/commodity/…
SAVE THE DATE! The 2024 Wisconsin Agricultural Outlook Forum will take place on January 23, 2024 in Union South. This year’s forum will focus on “Rural Livability in Wisconsin.” Learn more about this year’s forum on our website: ecals.cals.wisc.edu/2023/10/25/sav…
7th District farm loans in great shape, lowest percentage with repayment problems in decades according to Chicago Fed chicagofed.org/publications/a…
Thank you @UWMadisonCALS for a great research tour. We gleaned important lessons.
The USDA has designated 27 Wisconsin counties as natural disaster areas due to drought. This designation allows the USDA Farm Service Agency (FSA) to extend emergency credit to producers recovering from natural disasters. For more information, visit datcp.wi.gov/Pages/DroughtR….
Congrats JP, well deserved!!!
Congratulations, Dr. Jean-Philippe (J.P.) Gervais @jpgervais, Vice-President and Chief Economist of Farm Credit Canada, for becoming a Fellow of the #CAES/#SCAÉ 2023! 🎉 We appreciate your major contributions to the economics discipline in Canada and in the US and to Society!
2023 @UWMadisonCALS @UWMadisonExt Crops & Soils Extension Specialists’ retreat organized by @UWNPM & @badgercropdoc This year’s theme: “Balancing Sustainability & Innovation in Agriculture”.
July WASDE says corn acres up, yield down, still $4.80 avergae farm price for 2023. Soybean yields unchanged, acres down, so price up to $12.40 for 2023
Some light holiday reading: I show just how big was Friday's USDA acreage shift. With much of the weather premium now out of the market, the overhang of 94 million US corn acres makes it hard to justify $5+ new-crop corn. farmdocdaily.illinois.edu/2023/07/corn-a…
Wild how similar they look
Wisconsin farmers enrolled in NOPP (Nitrogen Optimization Pilot Program) to conduct on-farm experiments, my guidance on filing your crop insurance acreage reports due July 15: aae.wisc.edu/pdmitchell/202…
Former Renk Associate Director and UW alumna Liz Henry @lahenry7809 and her son Joe highlighted in UW School of Business magazine for their award-winning bourbon J. Henry & Sons: business.wisc.edu/update-magazin…
On vacation last week and WASDE came out for 2023 crop. Big drops in farm price forecasts: $4.80 corn and $12.10 soybeans, both down 80 cents from Feb forecast. Setting Restrained Expectations for New-Crop Corn and Soybean Prices farmdocdaily.illinois.edu/2023/05/settin…
The Food and Farm Exploration Center will be on 24 acres and include 53,000 square feet of hands-on learning space, 5,000 square feet of conference and indoor event space, 40,000 square feet of outdoor event space, and four acres of agricultural teaching fields.
If you are wake and have the gumption, the northern lights are out tonight. Just need to get out of the city lights
I and my student have created a quick way to estimate 2023 custom rates for Wisconsin farm operations as we wait for the next custom rate survey :aae.wisc.edu/pdmitchell/202…
Farmers are managing through increases in interest rates, but very few new loans have a rate of less than 6%.
Today crocuses and sunshine, tomorrow 7 inches of snow. Gotta love spring in Wisconsin!
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