The Accuracy and Informativeness of Agricultural Baselines

May 04, 2021

By Siddhartha Bora

United States Department of Agriculture (USDA) and Food and Agricultural Policy Research Institute (FAPRI), University of Missouri are two main sources of baseline projections for US agricultural sector. Published in the beginning of each year, the baselines provide insight about factors influencing the agricultural sector for the next decade. The projections present a conditional scenario based on certain assumptions about macro-economy, weather, and trade, and serve a basis for comparison of alternative policies. In a new study, we evaluate the accuracy and informativeness of USDA and FAPRI baselines since 1997. We find that the predictive content of most variables in the projections diminish after 4-5 years from the current year, and the USDA and FAPRI models do not outperform one another when entire projection path is considered.

The report is available at: https://aede.osu.edu/sites/aede/files/publication_files/AgBaselines2021.pdf

Source : osu.edu

Video: We WON'T Use That Tractor AGAIN!!

Field Tile Installation for Improved Drainage

we install field tile to improve soil conditions and drainage efficiency. Proper drainage is critical for long-term field performance and productivity.

The work is completed using a Case IH 470 Quadtrac; however, this will probably be the last time this tractor is used for tiling. While capable, the 470 lacks the power and weight. We will be returning to our Case IH 580 Quadtrac, which is better suited for the demands of field tile installation.

My name is Michael Wendling, and I am proud to be a 6th-generation farmer carrying forward a family legacy that began in 1879 here in East Central Illinois.

Today, our operation focuses on raising food-grade corn for Frito-Lay and also soybeans. While the tools and technology have evolved, our core values remain the same: hard work, integrity, and a deep respect for the land we steward.