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April 8, 2020
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COVID‐19 added uncertainty in many areas
• Market volatility – agriculture, stocks, oil, metals
Black SwanA black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Black swan events are characterized by their extreme rarity, their severe impact, and the widespread insistence they were obvious in hindsight.
KEY TAKEAWAYS• …
January 31, 2019
Land Rental
Rates
equitable lease for the 2019 crop year. The rental rate estimates … or at what rental rate the market will
ultimately adjust to … remains low.
Rental Rate Market Overview
Profitability …
July 1, 2021
2018 Farm Bill
yields for 2020 harvested crops used in
determining Supplemental … 2021 and will be for the crop harvested in 2020, where … harvested in 2020, where the
marketing year concluded on May 31st …
October 17, 2022
2018 Farm Bill
until October 2023, after the marketing year for the 2022crop concludes (May
31st for … ARC-CO uses the 2022/2023 Marketing
Year Average (MYA) price … will be for the 2022 harvest crop, but
current estimates …
August 1, 2023
General Sessions
bill?
291 days
861 days
811 days
252 days
Commodity v Commodity or Region v Region
OTHER ISSUES
Conservation
Crop insurance
Trade promotion
SNAP
Prop 12 (EATS Act)
What could go wrong?
Can the House pass a CR next month to keep the government open?
What happens to the FY24 appropriations process?
Will new spending cuts be required?
Will the Rules Committee allow for a wide range of farm bill amendments?
222 R vs. 212 D (1 D Vacancy)
49 R vs. 48 D + 3 I
Regulatory issues to watch for
Sustainable aviation fuel – …
August 1, 2023
2023 Risk and Profit Conference Recordings
bill?
291 days
861 days
811 days
252 days
Commodity v Commodity or Region v Region
OTHER ISSUES
Conservation
Crop insurance
Trade promotion
SNAP
Prop 12 (EATS Act)
What could go wrong?
Can the House pass a CR next month to keep the government open?
What happens to the FY24 appropriations process?
Will new spending cuts be required?
Will the Rules Committee allow for a wide range of farm bill amendments?
222 R vs. 212 D (1 D Vacancy)
49 R vs. 48 D + 3 I
Regulatory issues to watch for
Sustainable aviation fuel – …
March 10, 2017
Land Rental
Rates
equitable lease for the 2017 crop year. The rental rate estimates … or at what rental rate the market will
ultimately adjust to … remains low.
Rental Rate Market Overview
Profitability …
August 1, 2019
Breakout Sessions
Situation
$(20,000)
$30,000
$80,000
$130,000
$180,000
Retu
rns o
ver T
otal
Cos
ts
Net Farm Income Per Operator ‐ KFMA
Dryland Crop
Kansas State University … ARC/PLC ElectionNationally by Crop
Source: USDA (http://www.fsa.usda.gov/programs-and-services/arcplc_program …
July 1, 2010
KFMA Newsletters
veterinarian expense, livestock
marketing and breeding, depreciation … 18.79 ($3.02) -16%
Livestock Marketing / Breeding $10.20 $12.21 … 23.52 $0.77 3%
Livestock Marketing / Breeding $21.51 $22.71 …
February 22, 2019
Grain Market Outlook
spring planting and summer crop development, and the continuation … projections.
Among the 3 major crops, this year’s outlook represents … variations in the export market. In contrast, soybean cash …