Corn, Soybeans: Crop Insurance Decisions for 2018

🕔Mar 2, 2018The price discovery period used to determine projected prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2018 is completed. For the majority of the […]

Illinois Farm Income: What’s Needed to Break Even in 2018?

🕔Jan 31, 2018Listen to MP3 podcast Current fall delivery bids are near $3.60 per bushel for corn and $9.60 per bushel for soybeans. At those prices, high yields are needed for farmers […]

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

🕔Nov 22, 2017Average 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 […]

Illinois: Corn and Soybean Crop Revenue – Narrowing the Gap

🕔Nov 1, 2017On 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 […]

Illinois: 2018 Crop Budgets – More of the Same

🕔Jul 26, 2017Crop budgets for 2018 now are available on farmdoc. In addition, 2017 crop budgets have been revised and 2016 returns and costs have been updated. Overall, 2018 budgets suggest more […]

Farm Policy: How Does Ag Economy Look in Fed. Reserve Beige Book Report?

🕔Apr 21, 2017On Wednesday, the Federal Reserve Board released its April 2017 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations […]

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

🕔Apr 19, 2017For 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 […]

2016 Corn and Soybean Yields – A Historical Perspective

🕔Mar 15, 2017The National Agricultural Statistical Service (NASS) recently released 2016 county yields for both corn and soybeans. In this article, maps are produced showing actual 2016 yields minus 2016 trend yields. […]

Central Illinois Corn, Soybeans: Gross Revenue, Income Projections for 2016

🕔Nov 29, 2016With harvest at a close, fairly accurate estimates of yields can be made, leading to more accurate estimates of 2016 gross revenues. Gross revenues and returns for corn and soybeans […]

Farming: What’s Happened to Input Costs During Multiple Year Price Declines?

🕔Oct 3, 2016Introduction Crop input prices are a topic of considerable discussion. Numerous farmdoc daily articles have addressed the topic; most recently September 20, 2016. This article provides another perspective by comparing […]

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