Illinois Farm Economics Update (2008)
In 2008, the farmdoc team prepared the following articles to illustrate the impact of the current financial crisis on the agricultural economy and decision-making. Focus is devoted to five main topics – the nature of the financial crisis, impacts on the short-term availability of credit, the connection between the financial meltdown and commodity prices, crop insurance decisions, and land rental and lease negotiations.
The Current Financial Crisis: How Did We Get Here?
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Financial Markets in Agriculture
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Implications of Credit Market Problems for Crop Prices
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Increased Probabilities of Crop Insurance Payments
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2009 Rental Decisions Given Volatile Commodity Prices and Higher Input Costs
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College of Agricultural, Consumer and Environmental Sciences
