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Tag "crop budgets"

Illinois Corn: Revenues Below $700 per Acre Possible in 2017

Illinois Corn: Revenues Below $700 per Acre Possible in 2017

👤By Gary Schnitkey, University of Illinois 🕔Apr 19, 2017

For farmland having an expected corn yield of 190 bushels per acre, a reasonable expectation of 2017 gross revenue is $741 per acre. Obviously, revenue will vary from the $741 expectation depending on price and yield outcomes. In this article,

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Texas: Crop, Livestock Budget Spreadsheets for 2017 Now Available

Texas: Crop, Livestock Budget Spreadsheets for 2017 Now Available

👤By Blair Fannin, Texas AgriLife Extension 🕔Mar 13, 2017

Crop and livestock budget spreadsheets for 2017 are now available to both farmers and ranchers, according to Texas A&M AgriLife Extension Service economists. The budget spreadsheets help farmers and ranchers evaluate and project revenue and expenditures throughout the crop season.

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Soybean Market: Planting More in 2017? Consider Forward Pricing

Soybean Market: Planting More in 2017? Consider Forward Pricing

👤By Gary Schnitkey and Darrel Good, University of Illinois, farmdocDaily 🕔Dec 7, 2016

Current 2017 fall delivery bids for central Illinois are near $10 per bushel for soybeans while corn is near $3.60 per bushel. At those prices, soybeans are projected to be near $80 per acre more profitable than corn, sending a

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Texas: New Online Crop Decision Aid Tool

Texas: New Online Crop Decision Aid Tool

👤By Kate Harrell, Texas AgriLife Extension 🕔Nov 15, 2016

The Crop Analyzer, an Microsoft Excel-based, decision aid tool is available for crop producers in the Texas High Plains and South Texas. The decision tool assists producers in making management decisions by allowing them to analyze the optimal crop mix

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Illinois: Updated Projections for ’16 Crop Revenue, ’17 Budgets

Illinois: Updated Projections for ’16 Crop Revenue, ’17 Budgets

👤By Gary Schnitkey, University of Illinois, farmdocDaily 🕔Sep 28, 2016

Revised projections of 2016 crop returns and 2017 crop budgets have been released. For 2016, soybeans are projected to have record-setting yields, leading to higher soybean returns than in 2015. Given that non-land costs and cash rent cuts have occurred,

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Illinois Cash Rents: Continued Downward Pressure for 2017

Illinois Cash Rents: Continued Downward Pressure for 2017

👤By Gary Schnitkey, University of Illinois 🕔Aug 16, 2016

Recent USDA reports confirmed large corn and soybean crops for 2016 (see farmdoc daily August 15, 2016). Large 2016 production leads to low projected corn and soybean prices for 2017. Given low prices, projected 2017 returns will be very low.

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Illinois: Revised 2016 Crop Budgets

Illinois: Revised 2016 Crop Budgets

👤By Gary Schnitkey, University of Illinois 🕔Jun 29, 2016

The 2016 Illinois Crop Budgets have been revised and the “June 2016” version is now available on farmdoc. A significant change between the previous version released in December 2015 and the June version is an increase in soybean price. Even

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Flint on Crops: Good Scouting Can Reduce Production Costs

Flint on Crops: Good Scouting Can Reduce Production Costs

👤By Ernie Flint, Mississippi State University 🕔Jun 13, 2016

Growing a crop is very expensive. Current budgets from the Mississippi State University Department of Agricultural Economics show that a grower can expect to spend around $900 per acre in the production of cotton and believe it or not that

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Midwest: Corn vs. Soybeans – Late Planting Decisions

Midwest: Corn vs. Soybeans – Late Planting Decisions

👤By Gary Schnitkey, University of Illinois 🕔May 25, 2016

In most areas of the Midwest, planting is very near completion on corn and well along its way for soybeans; however, progress lags in some areas. Weekly progress reports suggest that southern Illinois, Indiana, and Ohio are behind on both

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Farm Finances: Commodity Price Trends Mean Tighter Operating Budgets

Farm Finances: Commodity Price Trends Mean Tighter Operating Budgets

👤By Clint Thompson, University of Georgia 🕔Apr 8, 2016

Low commodity prices and declining credit availability are impeding cash flow for Georgia farmers, said University of Georgia agricultural economist Brady Brewer. Brewer, an assistant professor in the Department of Agricultural and Applied Economics in UGA’s College of Agricultural and

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