AgTalk Home
AgTalk Home
Search Forums | Classifieds (62) | Skins | Language
You are logged in as a guest. ( logon | register )

IOWA crop land rent in fiat money and commodity money.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Don Smith
Posted 2/12/2016 10:49 (#5106442 - in reply to #5105813)
Subject: RE: IOWA crop land rent in fiat money and commodity money.



Centre county Pennsylvania, USA
Great questions, Thanks. I'll try to answer some of them.

(1) "would gross revenue show any type of pattern?"

I'm thinking on that one, might take awhile but I'll post it when I'm confident that the answer is both reasonable and supportable by USDA data.

(2) "Do increasing trend yield mean more bushels can be paid as rent?"

Yes. Attached chart shows the increasing trend yield for IOWA geographical area. From that chart, trend yield in crop year 2014 was about 10 bushels/acre greater than trend yield in 2008.

(3) "Do big crops make farmers more apt to pay more the following year and vice versa on small crops?"

Not sure about big crops, but do know that high market prices make it easier for us to give our landlords more rent money. Problem with big yields is that they are not necessarily correlated across all geographical areas. I've got a chart somewhere that illustrates that behavior, but cant find it now. From memory, 2012 was a year of very low corn yields at the national level (almost 3 standard deviations below 2012 national trend yield), but our 2012 corn yields here in PA were above PA's 2012 trend yield.



(IOWA_yearly_corn_yield.jpg)



Attachments
----------------
Attachments IOWA_yearly_corn_yield.jpg (35KB - 53 downloads)
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)