Future Drivers for U.S. Midwest Agriculture

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MACRO STRATEGY

Future Drivers for U.S. Midwest Agriculture

Jan. 20, 2021

Over the last 40 years, the landscape of the U.S. Midwest has shifted. A confluence of events—including globalization, free trade agreements, and renewal fuel mandates—incentivized farmers to increasingly sow soybeans instead of wheat. And while the corn-soybean rotation still controls Midwest acreage, new industry drivers could soon initiate another change. An increasingly electric economy, a growing alternative protein market, and a changing climate all have the potential to alter what is produced and where it is produced in the U.S. Midwest.

Authors
Blaine Nelson
Associate Director, Agricultural Research & Strategy
Tom Karmel
Associate Director, Agricultural Research & Strategy