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Tag "farmdocDaily"

Farm Growth: How to Evaluate the Options – 6 Criteria

Farm Growth: How to Evaluate the Options – 6 Criteria

👤By Michael Langemeier and Michael Boehlje, Purdue University Ag Economists 🕔Jan 18, 2018

There are numerous motivations for farms to expand their businesses. Even in today’s environment of tight margins, many farms are exploring expansion options. When exploring these options, it is important to address key questions pertaining to the farm’s strategy. A

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Grain Markets: USDA Reports Provided Some Surprises

Grain Markets: USDA Reports Provided Some Surprises

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Jan 16, 2018

The USDA released a set of reports on January 12 containing information with implications for corn and soybean prices in 2018. The National Agricultural Statistics Service (NASS) released the final estimates of the 2017 U.S. corn and soybean crops and

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Cotton Seed Proposal May Have Unforeseen Consequences

Cotton Seed Proposal May Have Unforeseen Consequences

👤By Nick Paulson, Jonathan Coppess, and Gary Schnitkey, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Jan 12, 2018

Congress is attempting to reach an agreement on funding the government for the remainder of fiscal year 2018; a short-term continuing resolution passed just before the holidays expires on January 19, 2018. Congress is also considering an emergency appropriations bill

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Illinois Farm Business: Habits of Financially Resilient Farms

Illinois Farm Business: Habits of Financially Resilient Farms

👤By Nick Paulson, University of Illinois Ag Economist 🕔Jan 11, 2018

This is a presentation summary from the 2017 Illinois Farm Economics Summit (IFES) which occurred December 18-22, 2017. A complete collection of presentations including PowerPoint Slides (PPT) and printable summaries (PDF) are available here. Over the past 10 years, returns

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Illinois Soybeans: Has Crop Insurance Proved Worth the Cost?

Illinois Soybeans: Has Crop Insurance Proved Worth the Cost?

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Jan 10, 2018

Conversations with farmers suggest that some are considering lowering coverage levels or eliminating crop insurance on soybeans. Doing so would conserve cash and many farmers note that they have received few payments on soybean policies. Herein, loss performance on soybean

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Grain Markets: Updating Corn and Soybean Export Pace

Grain Markets: Updating Corn and Soybean Export Pace

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Jan 8, 2018

On January 12, the USDA will release a flood of reports that will provide some clarifying information for corn and soybean markets in the 2017-18 marketing year. At present, the pace of soybean and corn exports carry concerns for consumption

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Farm Policy Review and Outlook for the 2018 Farm Bill

Farm Policy Review and Outlook for the 2018 Farm Bill

👤By Jonathan Coppess, University of Illinois Ag Economist 🕔Jan 5, 2018

This is a presentation summary from the 2017 Illinois Farm Economics Summit (IFES) which occurred December 18-22, 2017. A complete collection of presentations including PowerPoint Slides (PPT) and printable summaries (PDF) are available here. The Agriculture Act of 2014 — three

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Grain Markets: Anticipating Dec. 1 Corn Stocks

Grain Markets: Anticipating Dec. 1 Corn Stocks

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Dec 18, 2017

The USDA releases the estimate of corn stocks held in the U.S. on January 12. On the same date, the final estimate of the size of the 2017 corn crop is revealed. The estimates show the level of corn consumption

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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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Grain Markets: Corn Use for Ethanol Update – Podcast

Grain Markets: Corn Use for Ethanol Update – Podcast

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Dec 11, 2017

Listen ot MP3 Podcast The recent strength in ethanol production has led to speculation about changes to USDA’s estimate of corn used for ethanol in the pending WASDE report. Ethanol production for the week ending December 1 set a new

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