date:Sep 29, 2018
r four of the major crops (corn, cotton, soybeans and wheat) supported by the farm bill. This time frame covers much of the era in which the Renewable Fuels Standard (RFS) has had a significant impact on crop markets and prices. Figure 1 indicates the general decline in prices for these four crops but it also highlights that only cotton has experienced an increase in recent months.
To add further perspective, Figure 2 illustrates the estimated average revenue per acre obtained from the market.