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Tag "farmdocDaily"

Biodiesel Waiver Provision in the RFS – Difficult to Justify

Biodiesel Waiver Provision in the RFS – Difficult to Justify

👤By Jonathan Coppess and Scott Irwin, University of Illinois Ag Economists 🕔Oct 20, 2017

As discussed in the two previous articles, EPA has issued a Notice of Data Availability (NODA) seeking data and comment on potential reductions to the biomass-based diesel mandates (see, farmdoc daily, October 5, 2017 and October 12, 2017). The third

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Grain Markets: Expectations for Corn, Soybean Prices over Next 5 Years

Grain Markets: Expectations for Corn, Soybean Prices over Next 5 Years

👤By Gary Schnitkey and Todd Hubbs, University of Illinois Ag Economists 🕔Oct 18, 2017

Many farm decisions are aided by having longer-run projections of corn and soybean prices. For example, determining the appropriate level of cash rents is aided by price projections. In this article, several longer-termed projections are presented. For the 2017 marketing

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Farm Business: Comparing 2016 ARC-CO and PLC Payments

Farm Business: Comparing 2016 ARC-CO and PLC Payments

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University, Ag Economist 🕔Oct 17, 2017

The daily article from October 6, 2017 presents a summary of 2016 ARC-CO payments for corn, soybeans, and wheat. Today’s article provides county level estimates of PLC payments for these crops using average program yield data provided by the Farm

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Grain Markets: Moving Forward After the Oct. Reports

Grain Markets: Moving Forward After the Oct. Reports

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Oct 16, 2017

The release of USDA’s October reports created a rally in soybean prices that pushed November soybean futures prices to levels not seen since the end of July. Corn prices saw a much more muted response. The question is will the

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Farm Business: Capital Expenditures Trends vs. Capital Consumption

Farm Business: Capital Expenditures Trends vs. Capital Consumption

👤By Michael Langemeier, Purdue University Ag Economists 🕔Oct 13, 2017

U.S. farm sector capital expenditures continue to adjust to declines in net farm income and net cash income since 2013. Real net farm income has declined approximately 51 percent since its most recent peak in 2013, while real net cash

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Farm Safety Net: Outlook for 2017 ARC-CO Payments

Farm Safety Net: Outlook for 2017 ARC-CO Payments

👤By Gary Schnitkey, Jonathan Coppess, and Nick Paulson, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Oct 11, 2017

For those counties in which payments will be received, farmers and land owners will soon receive Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) payments related to 2016 production. The level and size of the ARC-CO payments are described

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Livestock Markets: Pork Industry’s Sustainable Expansion

Livestock Markets: Pork Industry’s Sustainable Expansion

👤By Chris Hurt, University of Illinois Ag Economist 🕔Oct 9, 2017

Listen to MP3 podcast The pork industry has been in expansion now for three years dating back to 2014 when the PED virus reduced pork supplies and sent hog prices to record highs. After an initial surge of breeding herd

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2016 ARC-CO Payments Now Available

2016 ARC-CO Payments Now Available

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois Ag Economists; and Car Zulauf, Ohio State University Ag Economist 🕔Oct 9, 2017

The Farm Service Agency has released 2016 county yields, thereby providing all information needed to calculate Agricultural Risk Coverage – County Coverage (ARC-CO) payments. This article contains maps showing payments per base acre for corn, soybeans, and wheat. Also shown

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U.S. Agriculture Often Bears the Cost of Trade Disputes

U.S. Agriculture Often Bears the Cost of Trade Disputes

👤By Steve Burak, Kathy Baylis, and Jonathan Coppess, University of Illinois Ag Economists 🕔Oct 4, 2017

Potential trade disputes are approaching from all directions with significant implications for American agriculture. To the north and south, the US government is renegotiating the North American Free Trade Agreement with Canada and Mexico. Just last week, the three countries

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Illinois: Making 2018 Cash Rent Decisions

Illinois: Making 2018 Cash Rent Decisions

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Oct 4, 2017

Much of the cash rent data for making 2018 cash rental decisions is now available. Data include 2017 county and state cash rents as reported by the National Agricultural Statistical Service (NASS) and actual 2017 and projected 2018 cash rents

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