Study: Navigating direct cost surges in corn production — from Brazil to Central Illinois

Insights on navigating the economics of the international corn market with analysis from economists at the University of Illinois and Ohio State University.

A recent analysis conducted by agricultural economists from the University of Illinois and Ohio State sheds light on a notable surge in direct costs for corn production in Brazil’s central region since 2016. While the per-acre direct costs have been higher in the United States, a crucial adjustment for corn yields demonstrates a cost advantage for Illinois producers.

One of the key factors contributing to the increase in direct costs in Brazil is the notable spike in fertilizer expenses. This component plays a significant role in shaping the economic landscape for corn production in the region.


Interestingly, when projections are considered, there emerges a contrast in the trajectory of total direct costs for the upcoming season. Central Illinois anticipates a decline in total direct costs, offering a more favorable economic outlook for local producers. On the other hand, Central Brazil is projected to experience a 3-percent increase in total direct costs, marking a potential challenge for corn producers in the region.

To read the entire report, Click Here


More than 80 dairy herds have been infected with the virus across 11 states since late March.
As hog prices face potential decline, pork producers are dealing with a surge in litter rates, complicating efforts to control production.
In February, farmers experienced a slight increase in prices, though it fell short of surpassing last year’s numbers.
According to a new USDA-ERS report, technological advancements in agriculture led to significant output increases while reducing input usage for producers.
The prospect of reintroducing grizzly bears in Washington’s North Cascades has ignited a contentious debate, pitting conservation efforts against the concerns of local farmers and ranchers.
As peach trees bloom ahead of schedule and unpredictable weather patterns loom, farmers across the nation find themselves grappling with the precarious risks posed to their fruit crops.