Illinois: Farm Income Outlook for 2022 Dec 30, 2021

🕔Dec 30, 2021
Net income on Illinois grain farms will be at record levels in 2021, likely near $325,000 per farm. This $325,000 represents an average for grain farms enrolled in Illinois Farm […]

Illinois Corn, Soybeans: 2022 Break-Even Prices Dec 22, 2021

🕔Dec 22, 2021
Break-even prices to cover total costs for 2022 are projected at $4.73 per bushel for corn and $11.06 per bushel for soybeans. Compared to historical levels, these break-even prices are […]

Illinois Corn, Soybeans: 2022 Updated Crop Budgets Dec 9, 2021

🕔Dec 9, 2021
Illinois crop budgets for 2022 have been revised from their initial release in July. Significant changes from the initial release are increased corn prices, soybean prices, and non-land costs. The […]

Illinois: 1st Dicamba Resistant Waterhemp Reported Dec 3, 2021

🕔Dec 3, 2021
University of Illinois weed scientists have confirmed resistance to the herbicide dicamba in a Champaign County waterhemp population. In the study, dicamba controlled 65% of the waterhemp in the field […]

Illinois: Nitrogen Fertilizer Strategies for 2022 Dec 1, 2021

🕔Dec 1, 2021
Nitrogen fertilizer prices continue to surge, leading to difficult decisions for farmers. Herein, we discuss some strategies for dealing with higher nitrogen fertilizer prices. All these strategies carry risks. Therefore, […]

Feeder Cattle Production – Are There Differences Based on Weight Purchased? Nov 22, 2021

🕔Nov 22, 2021
To help answer the question regarding the differences based on the weight purchased in feeder cattle production, we will look at feeder cattle operations enrolled in Illinois Farm Business Farm […]

Illinois: Grain Farm Incomes to Take Hit from Fertilizer Cost Increases Nov 17, 2021

🕔Nov 17, 2021
Projected 2022 net incomes on Illinois grain farms are below 2020 and 2021 levels and approaching averages between 2013 and 2019. Rising costs and cash rents lead to these lower […]

Illinois: Fall Field Work Following a Wet October Nov 8, 2021

🕔Nov 8, 2021
As of October 31, 81% of the 2021 Illinois corn crop and 75% of the soybean crop had been harvested. That’s close to the 5-year average for corn, but 11 […]

Illinois Corn, Soybeans: Planting and Acreage Decisions in 2022 Nov 8, 2021

🕔Nov 8, 2021
Compared to 2021, fertilizer costs in 2022 will be about $100 per acre higher for corn and $50 higher for soybeans. Even given the large increase in corn fertilizer costs, […]

Illinois Corn: High Nitrogen Prices – Planning for Next Season Oct 27, 2021

🕔Oct 27, 2021
Nitrogen fertilizer prices continue to rise. The average anhydrous ammonia price now is over $1,100 per ton, having increased over $278 per ton in the last two weeks. Overall, these […]

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