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Illinois

Illinois Weather: Nov. Was Cool and Dry with a Dash of Snow

Illinois Weather: Nov. Was Cool and Dry with a Dash of Snow

👤From University of Illinois 🕔Dec 13, 2017

Illinois experienced wide temperature swings in November, with colder-than-normal temperatures canceling out the warmer-than normal days. By month’s end, November was slightly cooler than average in Illinois, according to Illinois State Climatologist Jim Angel at the Illinois State Water Survey, part

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Illinois: How Has Crop Acreage Shifted Since 1996?

Illinois: How Has Crop Acreage Shifted Since 1996?

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Dec 13, 2017

Since 2012, acres in the U.S. have been shifting out of corn and into soybeans, likely as a result of higher returns for soybeans than for corn. The longer termed trends since 1996 have been increases in corn and soybean

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Illinois: 4 Upcoming Crop Management Conferences in Jan., Feb.

Illinois: 4 Upcoming Crop Management Conferences in Jan., Feb.

👤By Dennis Bowman, University of Illinois 🕔Dec 12, 2017

Registration is open for the 2018 Crop Management Conferences. These regional conferences provide a forum for discussion and interaction between participants and university researchers. We are looking forward to introducing new specialists from the University of Illinois, and have adjoining

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Illinois Farm Business: Capital Purchases Down? Expect More Tax Liability.

Illinois Farm Business: Capital Purchases Down? Expect More Tax Liability.

👤By Gary Schnitkey, Bradley Zwilling, University of Illinois Ag Economists 🕔Dec 6, 2017

Many Illinois grain farmers have reduced capital purchases in recent years, with prospects for further cuts in 2017 and future years. Overall, reducing capital purchases is a prudent step in times of low grain farm returns. Reducing capital purchases, however,

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Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 22, 2017

Average net income on Illinois grain farms is forecast at around $60,000 per farm in 2017. This forecast is for a composite of grain farms enrolled in Illinois Farm Business Farm Management (FBFM). In 2016, these farms had an average

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Illinois Fertilizer: Nitrogen Prices, Costs Lower for 2018

Illinois Fertilizer: Nitrogen Prices, Costs Lower for 2018

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 15, 2017

Nitrogen fertilizer prices are averaging lower now than in any time since September 2008. These lower prices could translate into roughly a $10 per acre saving in nitrogen fertilizer for the coming 2018 production year. Further savings may be possible

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Illinois Farmland: Cash Rent Based on Land Productivity Index

Illinois Farmland: Cash Rent Based on Land Productivity Index

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 8, 2017

Individuals often desire to arrive at an average cash rent given a farm’s inherent productivity. Herein, a method is presented for determining a 2017 benchmark rent based on that parcel’s productivity index. Given the variability in rents, a parcel’s actual

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Illinois: Corn and Soybean Crop Revenue – Narrowing the Gap

Illinois: Corn and Soybean Crop Revenue – Narrowing the Gap

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 1, 2017

On average in Illinois, soybeans have been more profitable than corn since 2014 (farmdoc daily, July 25, 2017), an unusual situation given that Illinois is in the heart of the Corn Belt. Both costs and revenue from the two crops contribute

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Illinois: 2017 a Great Year for Pumpkins

Illinois: 2017 a Great Year for Pumpkins

👤By Lauren Quinn, University of Illinois 🕔Oct 25, 2017

Despite a scare in mid-August, the 2017 Illinois pumpkin crop is looking good. In fact, one expert says, “Don’t hesitate to carve more than one this year. There are plenty of pumpkins for everyone.” Mohammad Babadoost, plant pathologist and pumpkin

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Illinois Weather: Soil Moisture Improved in October

Illinois Weather: Soil Moisture Improved in October

👤From University of Illinois 🕔Oct 23, 2017

Soil moisture levels improved throughout the state during the first half of October, said Jennie Atkins, Water and Atmospheric Resources Monitoring program manager at the Illinois State Water Survey, part of the Prairie Research Institute at the U. of I.

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