date:Sep 29, 2018
t not for soybeans.
Lower prices (Figure 1) have been much of the story for the commodity support portion of the farm bill debate; multiple big crops applying downward pressure on prices and, in 2018, additional downward pressure has been attributed to the tariff and trade conflicts (farmdoc daily, August 16, 2018). Figure 2, however, also serves as a reminder that prices are not the entire story; strong yields can support revenues even when prices are low. To add further perspective to the rev