1. 2017: Drought, Flood, and Stress
Chad Hart
Associate Professor of Economics
Extension economist

2. Pasture Conditions
Source: USDA-NASS

3. Price Reactions
Source: USDA-NASS

4. National Corn Yields Source: USDA-NASS Top: 2017 Yield Estimate
Bottom: Change from last month
Units: Bushels/acre
Source: USDA-NASS

5. National Soy Yields Source: USDA-NASS Top: 2017 Yield Estimate
Bottom: Change from last month
Units: Bushels/acre
Source: USDA-NASS

6. Financial Shifts
Source: Plastina 2017
FM1892R

7. Deteriorating Balance Sheets
Source: Plastina 2017
FM1892R

8. Limited Farm Bill Payments …
Source:

9. … Due to Last Year’s Record Yields
Source:

10. Crop Insurance Payments
Source:

11. Iowa Drought Monitor
Source:

12. Summary Crops: Yields and prices lower
Livestock: Feed costs mixed, grains lower, forage higher
Farm finances: Another rough year