Joe Janzen
@jjanzen.bsky.social
Agricultural economist at the University of Illinois Urbana-Champaign. 🇨🇦/🇺🇸. Farmdoc contributor, AJAE associate editor, NCCC-134 co-chair.
Very cool to see our farmdoc Daily article on farmers' use of futures markets (farmdocdaily.illinois.edu/2024/12/risk...) cited by Joe Vaclavik this morning: youtu.be/WY0B3UD9Zhk?.... Data show the majority of grain farms, even large ones, don't have a brokerage account and aren't using futures.
November 18, 2025 at 10:46 PM
Very cool to see our farmdoc Daily article on farmers' use of futures markets (farmdocdaily.illinois.edu/2024/12/risk...) cited by Joe Vaclavik this morning: youtu.be/WY0B3UD9Zhk?.... Data show the majority of grain farms, even large ones, don't have a brokerage account and aren't using futures.
After a successful 2025 edition, the NCCC-134 Conference on Applied Commodity Price Analysis will be back in Chicago, April 20-21, 2026. I'm co-organizing. The deadline to submit presentation proposals is Nov 21: farmdoc.illinois.edu/nccc134/subm... Submit papers now and join us in April!
November 6, 2025 at 5:54 PM
After a successful 2025 edition, the NCCC-134 Conference on Applied Commodity Price Analysis will be back in Chicago, April 20-21, 2026. I'm co-organizing. The deadline to submit presentation proposals is Nov 21: farmdoc.illinois.edu/nccc134/subm... Submit papers now and join us in April!
The farmdoc team at University of Illinois is fortunate to have great partners like FBFM who keep our analysis grounded in real-world data on farm finances and the agricultural economy.
October 6, 2025 at 6:40 PM
The farmdoc team at University of Illinois is fortunate to have great partners like FBFM who keep our analysis grounded in real-world data on farm finances and the agricultural economy.
I had the pleasure of speaking to an extraordinary group of state and provincial legislators at the International Legislators Forum in Deadwood, SD: agree.org/2025-interna... I talked about ongoing tariff shock and impacts on agricultural commodity trade. Hard to understate how big a change this is.
September 12, 2025 at 8:14 PM
I had the pleasure of speaking to an extraordinary group of state and provincial legislators at the International Legislators Forum in Deadwood, SD: agree.org/2025-interna... I talked about ongoing tariff shock and impacts on agricultural commodity trade. Hard to understate how big a change this is.
My latest for Farmdoc Daily: Are there really 97.3 million corn acres in the US this year? Jason Franken and I use acreage enrolled in Farm Service Agency farm programs to say yes. If anything, the 97.3 million acre guess released last week by USDA is a conservative one.
Yes, There Are a Lot of Corn Acres: Evidence from FSA Acreage Data - farmdoc daily
Jason Franken and Joe Janzen - USDA NASS recently increased 2025 corn planted acreage estimate to 97.3 million acres. Analysis of acreage enrolled in USDA FSA farm programs suggests this may be…
farmdocdaily.illinois.edu
August 18, 2025 at 9:00 PM
My latest for Farmdoc Daily: Are there really 97.3 million corn acres in the US this year? Jason Franken and I use acreage enrolled in Farm Service Agency farm programs to say yes. If anything, the 97.3 million acre guess released last week by USDA is a conservative one.
My latest for @farmdocdaily: How big is the 2025 US corn crop? Or at least, how much of a yield increase is the market currently pricing in to new-crop futures prices? It might not be six bushels more than current USDA estimates, but it's close. farmdocdaily.illinois.edu/2025/07/the-...
The Corn Market Works to Explain Itself - farmdoc daily
Joe Janzen - Despite USDA projections showing low corn ending stocks for 2025/26, new-crop December corn futures remain historically low. Markets are pricing in higher yields than USDA's 181…
farmdocdaily.illinois.edu
July 25, 2025 at 3:40 PM
My latest for @farmdocdaily: How big is the 2025 US corn crop? Or at least, how much of a yield increase is the market currently pricing in to new-crop futures prices? It might not be six bushels more than current USDA estimates, but it's close. farmdocdaily.illinois.edu/2025/07/the-...
Reposted by Joe Janzen
I'm here to tell you it's possible to grow bananas in New England in your home.
I'm also here to tell you that purely in terms of time/labor it's the dumbest thing I've ever done, and that people who think indoor farming will ever make a major contribution to the global food system are nuts.
I'm also here to tell you that purely in terms of time/labor it's the dumbest thing I've ever done, and that people who think indoor farming will ever make a major contribution to the global food system are nuts.
July 25, 2025 at 3:17 PM
I'm here to tell you it's possible to grow bananas in New England in your home.
I'm also here to tell you that purely in terms of time/labor it's the dumbest thing I've ever done, and that people who think indoor farming will ever make a major contribution to the global food system are nuts.
I'm also here to tell you that purely in terms of time/labor it's the dumbest thing I've ever done, and that people who think indoor farming will ever make a major contribution to the global food system are nuts.
Reposted by Joe Janzen
"To give a sense of the scale of the inefficiency, analysis we did in the Biden administration gave an example of Walmart’s blockchain usage that was up to 50 million times (not a typo) less efficient, in terms of compute, than a traditional database configuration."
Crytpo: There's just no legit use case for it. But, man, are these bros lobbied up.
Our looonnnggg take on why private digital currencies and the blockchain are an accident going out to happen.
econjared.substack.com
June 9, 2025 at 3:12 PM
"To give a sense of the scale of the inefficiency, analysis we did in the Biden administration gave an example of Walmart’s blockchain usage that was up to 50 million times (not a typo) less efficient, in terms of compute, than a traditional database configuration."
Reposted by Joe Janzen
US Amb to Canada, last week: annexation saga is “over”—“Move on. If the Canadians want to keep talking about it—that's their business. I'm not talking about it; Donald Trump is not talking about it. We've got too much on our plate"
Trump, today: “They are considering the offer!”
Trump, today: “They are considering the offer!”
May 27, 2025 at 11:05 PM
US Amb to Canada, last week: annexation saga is “over”—“Move on. If the Canadians want to keep talking about it—that's their business. I'm not talking about it; Donald Trump is not talking about it. We've got too much on our plate"
Trump, today: “They are considering the offer!”
Trump, today: “They are considering the offer!”
Reposted by Joe Janzen
Doing that sports fan thing where I occasionally remember last night's Game 7 and then have to stop what I'm doing to shake my head and go "holy crap, that actually happened".
May 5, 2025 at 1:57 PM
Doing that sports fan thing where I occasionally remember last night's Game 7 and then have to stop what I'm doing to shake my head and go "holy crap, that actually happened".
The 2025 NCCC-134 Conference on Applied Commodity Price Analysis (farmdoc.illinois.edu/nccc134/attend) met this week at the Illini Center in downtown Chicago. We had 54 researchers attending and 25 presentations on new research in commodity markets.
April 18, 2025 at 9:29 AM
The 2025 NCCC-134 Conference on Applied Commodity Price Analysis (farmdoc.illinois.edu/nccc134/attend) met this week at the Illini Center in downtown Chicago. We had 54 researchers attending and 25 presentations on new research in commodity markets.
Get ready for today's USDA WASDE report release. Read my recent article for farmdocDaily and remember that the April report tends not to move markets, and that's okay.
Quiet Signals: Why Boring Crop Reports Matter - farmdoc daily
Joe Janzen - Joe Janzen - The USDA's monthly WASDE reports sometimes appear uneventful, but they systematically track agricultural commodity supply and demand changes. Despite some seemingly quiet…
farmdocdaily.illinois.edu
April 10, 2025 at 12:30 PM
Get ready for today's USDA WASDE report release. Read my recent article for farmdocDaily and remember that the April report tends not to move markets, and that's okay.
Last chance to register for the NCCC-134 Conference on Applied Commodity Price Analysis. This academic conference on agricultural commodity markets meets April 14-15 at the Illini Center in Chicago. Program, venue and hotel info, and registration here: buff.ly/3Qx6Qg3
April 8, 2025 at 9:29 AM
Last chance to register for the NCCC-134 Conference on Applied Commodity Price Analysis. This academic conference on agricultural commodity markets meets April 14-15 at the Illini Center in Chicago. Program, venue and hotel info, and registration here: buff.ly/3Qx6Qg3
Reposted by Joe Janzen
Arise, centrist dads!
First time I can remember making a protest sign since - when - college? See you in front of Frederick City Hall and then at Baker Park.
April 5, 2025 at 8:48 PM
Arise, centrist dads!
Reposted by Joe Janzen
President Trump's ‘reciprocal’ tariffs make no sense.
How is it in America’s national interest to let other countries decide what duties we pay?
by Doug Irwin
www.wsj.com/opinion/reci...
How is it in America’s national interest to let other countries decide what duties we pay?
by Doug Irwin
www.wsj.com/opinion/reci...
Opinion | ‘Reciprocal’ Tariffs Make No Sense
How is it in America’s national interest to let other countries decide what duties we pay?
www.wsj.com
February 13, 2025 at 10:00 PM
President Trump's ‘reciprocal’ tariffs make no sense.
How is it in America’s national interest to let other countries decide what duties we pay?
by Doug Irwin
www.wsj.com/opinion/reci...
How is it in America’s national interest to let other countries decide what duties we pay?
by Doug Irwin
www.wsj.com/opinion/reci...
Interested in research on commodity markets/trading/pricing? We are just 8 weeks away from the latest iteration of the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
February 25, 2025 at 10:29 AM
Interested in research on commodity markets/trading/pricing? We are just 8 weeks away from the latest iteration of the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
Reposted by Joe Janzen
Elon hired Clarence Beeks of Lyndhurst Security to deliver the crop estimates on time with no deviations.
February 24, 2025 at 3:04 AM
Elon hired Clarence Beeks of Lyndhurst Security to deliver the crop estimates on time with no deviations.
Reposted by Joe Janzen
Poem by Joseph Fasano
November 29, 2024 at 8:57 PM
Poem by Joseph Fasano
Reposted by Joe Janzen
Peace, order, and Overtime Goals🇨🇦🇨🇦🇨🇦
February 21, 2025 at 5:02 AM
Peace, order, and Overtime Goals🇨🇦🇨🇦🇨🇦
Hear my latest thoughts on the grain markets. Todd Gleason and I will be live tomorrow morning with the first of our Illinois Farm Economics Summit online webinars. Register here: https://buff.ly/4aln8Sf
Events Archive - farmdoc daily
Joe Janzen will discuss corn, soybean, and wheat price prospects for 2025. He will provide an update on current global market fundamentals and consider what price expectations based on the latest…
farmdocdaily.illinois.edu
January 15, 2025 at 3:36 PM
Hear my latest thoughts on the grain markets. Todd Gleason and I will be live tomorrow morning with the first of our Illinois Farm Economics Summit online webinars. Register here: https://buff.ly/4aln8Sf
Every year, grad students in my ACE 527 class take their research on agricultural and resource markets and adapt it for non-academic audiences. Then we share their work with the world over the holidays on @farmdocdaily.
Peru’s Blueberry Boom: More Land, More Labor, More Berries to Savor - farmdoc daily
Nicolás Pazos and Joe Janzen - Joe Janzen - From zero to global leader in just a decade, Peru's extraordinary rise in blueberry production has changed the global market. The country's success stems…
buff.ly
January 3, 2025 at 10:29 AM
Every year, grad students in my ACE 527 class take their research on agricultural and resource markets and adapt it for non-academic audiences. Then we share their work with the world over the holidays on @farmdocdaily.
Every year, grad students in my ACE 527 class take their research on agricultural and resource markets and adapt it for non-academic audiences. Then we share their work with the world over the holidays on farmdocDaily.
Risk Management and Reality: Farmers’ Use of Futures Markets - farmdoc daily
Aayush Raj Dhakal and Joe Janzen - Joe Janzen - Despite being touted as essential risk management tools, futures and options markets are rarely use directly by farmers. Only 15% of Illinois grain…
farmdocdaily.illinois.edu
December 28, 2024 at 4:40 PM
Every year, grad students in my ACE 527 class take their research on agricultural and resource markets and adapt it for non-academic audiences. Then we share their work with the world over the holidays on farmdocDaily.
Every year, my grad students take some part of their research on agricultural and resource markets and adapt it for non-academic audiences. We take their work and share it with the world over the holidays on @farmdocdaily.
December 26, 2024 at 8:39 PM
Every year, my grad students take some part of their research on agricultural and resource markets and adapt it for non-academic audiences. We take their work and share it with the world over the holidays on @farmdocdaily.
Every year, my grad students take some part of their research and describe it for non-academic audiences. It's often the useful insight that isn't yet a full-blown research paper. I take them, edit, and share them with the world over the holidays on @farmdocdaily.
How Financial Liquidity Helps Farms Perform in Tough Times - farmdoc daily
Francesco Franciosi and Joe Janzen - Joe Janzen - After a period of high crop prices, US corn and soybean farmers now face challenging economic conditions. This study of Illinois grain farms offers…
farmdocdaily.illinois.edu
December 24, 2024 at 4:14 PM
Every year, my grad students take some part of their research and describe it for non-academic audiences. It's often the useful insight that isn't yet a full-blown research paper. I take them, edit, and share them with the world over the holidays on @farmdocdaily.
Reposted by Joe Janzen
2/2
This isn't such a big deal as I don't think there are many people who follow Chinese markets who didn't already take this for granted but, as the FT notes, for someone to say this out loud is "highly unusual even for a retired senior official."
This isn't such a big deal as I don't think there are many people who follow Chinese markets who didn't already take this for granted but, as the FT notes, for someone to say this out loud is "highly unusual even for a retired senior official."
November 28, 2024 at 4:59 AM
2/2
This isn't such a big deal as I don't think there are many people who follow Chinese markets who didn't already take this for granted but, as the FT notes, for someone to say this out loud is "highly unusual even for a retired senior official."
This isn't such a big deal as I don't think there are many people who follow Chinese markets who didn't already take this for granted but, as the FT notes, for someone to say this out loud is "highly unusual even for a retired senior official."