Devin Broadhead - Research Analyst
An ag economist's comparison of the profitability of four crop sequence simulations: continuous corn, corn-soybean, continuous soybean, and corn-corn-soybean.
Nationwide farm net income has fallen for the last three years and appears to be on trend to keep falling. Interest rates are likely to increase, as the economy seems to be warming up, resulting in increased borrowing costs and tighter credit conditions. Cash rents fell by nearly 11% on average-quality farmland in 2016 and are on a trend to continue in the coming year.