Dave
David Miller, Chief Economist, contracts with Decision Innovation Solutions to provide economic analysis and business development services. He is responsible for building, maintaining and enhancing business relationships, developing new product lines and service offerings, collaborating with the Decision Innovation Solutions team on project development and fulfillment, and identifying prospective clientele.
David Miller grew up on a northwestern Indiana dairy, hog and grain farm. Miller returned to the farm in 1972 with his father and expanded the dairy herd from 35 cows to 150 cows. Hog finishing was expanded to about 3,000 head per year and crop land expanded to about 1,000 acres. The farming operation was moved to northcentral Missouri in 1979 with a focus on hog production and grain production.
While in Missouri, David finished up a Bachelor of Science in Agriculture and completed an MBA in finance at the University of Missouri-Columbia. He also completed the course work towards a PhD in Ag Economics at Missouri. David was on the staff of the University of Missouri as an Extension Farm Management Specialist and then worked as an Extension Grain and Livestock Marketing Research Specialist.
In 1991, Miller began a 28+ year career with the Farm Bureau organization, working nearly 8 years for the American Farm Bureau Federation as a Grain Policy Specialist and then as the Livestock Policy Specialist and Commodity Program Coordinator. Miller joined the Iowa Farm Bureau Federation in 1998 as the Director of Research and Commodity Services where he coordinated the research programs of the Iowa Farm Bureau and the various commodity services offered by the Federation. He provided economic analysis on a wide variety of agricultural issues.
Miller served on several state, regional and national boards or committees including the National Institute of Animal Agriculture, the Extension Section of the American Agricultural Economics Association, the Executive Committee of the U.S. Meat Export Federation, the Offset Committee of the Chicago Climate Exchange, The Midwest Governor’s Association Greenhouse Gas Accord committee, and the Iowa Climate Change Advisory Council.
Miller is active in production agriculture. In 2003, he began active ownership and operation of a grain farm in southern Iowa which now has grown to nearly 1,000 acres. Primary crops on the farm are corn and soybeans. David joined DIS as Chief Economist after retiring from the Iowa Farm Bureau. Areas of expertise include ag policy, commodity market analysis, economic modeling and international trade.
Education:
- Coursework for PhD
- MBA, Finance B.S. Agriculture University of Missouri-Columbia
- Undergraduate Studies: Brigham Young University, Valparaiso University
Expertise:
- Ag Policy
- Farm Production Economics
- Commodity Market Analysis
- Economic Modeling
- International Trade
Posts by: Dave
ViewRenewable Diesel Production and Expanded Soybean Crush
by Dave Miller
As of January 2024, the U.S. has 56 active biodiesel plants with a combined annual capacity of 2.09 billion gallons per year. This biodiesel is…
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US Agriculture Cut Greenhouse Gas Emissions More Than Any Other Sector
by Dave Miller
Agriculture is a favorite target among those looking for somewhere to place blame for greenhouse gas emissions. However, recent research from the Environmental Protection Agency…
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Global Soybean Meal Use
by Dave Miller
According to the USDA-FAS PSD database, reported world consumption of soybean meal was 243.67 million metric tons (mmt) in the 2022/23 marketing year.
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October Price Weakness May Trigger More Crop Insurance Indemnity Payments Especially When Yields are below the APH
by Dave Miller
The 2023 U.S. corn and soybean harvest is nearing its midpoint in terms of harvested acres and farmers are now getting a better sense of…
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Iowa Grain Buyers and Corn Basis
by Dave Miller
There are roughly 580 grain buyers in Iowa who post their daily bids on-line (on their own websites and/or on other grain marketing news and…
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Is There a War Premium in the Corn and Soybean Markets?
by Dave Miller
There are those who say “the market is never wrong” regardless of how current prices relate to historical fundamentals. That could be at play in…