Illinois Grain Farms Should Expect Negative Incomes in 2019

🕔Jan 16, 2019In 2018, many grain farms in Illinois will have incomes above $70,000 per farm, the average from 2013 to 2017. Incomes in 2019 could be negative on many farms. While […]

Illinois Grains: Prudent Approach – Plan For Low 2019 Incomes

🕔Jan 2, 2019Editor’s Note: This is a presentation summary from the 2018 Illinois Farm Economics Summit (IFES) which occurred December 17-21, 2018. A complete collection of presentations including PowerPoint Slides (PPT) and […]

Corn, Soybean Marketing: What Should You Do Differently in 2019? – DTN

🕔Dec 7, 2018Stacking up scale tickets, checking bushel totals against acreage maps, filing elevator assembly sheets into folders, signing contracts, depositing checks, and ultimately, seeing the end-of-year balance on an operating loan. […]

Net Farm Income Forecast – How Accurate Is USDA?

🕔Dec 6, 2018On November 30th, the USDA’s Economic Research Service (ERS) released revised forecasts for 2018 farm incomes. The revised forecast suggest that aggregate net farm income is expected to decline by […]

Beige Book Observations on the Ag Economy, Nov. – Federal Reserve

🕔Dec 6, 2018On Wednesday, the Federal Reserve Board released its November 2018 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations […]

Ag Economy: What Does 2018 Farm Income Forecast Look Like as of Nov.

🕔Dec 4, 2018The USDA’s Economic Research Service (ERS) indicated on Friday that, “Net farm income, a broad measure of profits, is forecast to decrease $9.1 billion (12.1 percent) from 2017 to $66.3 billion […]

Trade Aid: Deadline for Signup Is Jan. 15

🕔Nov 28, 2018The Market Facilitation Program (MFP) provides partial compensation to farmers and share-rent landowners for losses occurring because of trade disputes. This program is administered by the Farm Service Agency (FSA) […]

Farm Income, Loan Repayments Down; Farmland Values Mostly Steady – Federal Reserve

🕔Nov 20, 2018Last week, the Federal Reserve Banks of Chicago, St. Louis, Kansas City, and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the third quarter of 2018. Today’s […]

Farm Income Keeps Sliding Lower – Ag Credit Survey, Kansas City Fed

🕔Nov 19, 2018Farm income and credit conditions continued to deteriorate in the third quarter of 2018, according to the Tenth District Survey of Agricultural Credit Conditions. Expectations for farm income and loan […]

Farm Business: 7 Financial, Risk Management Suggestions for 2019

🕔Nov 14, 2018With planning for next year’s crop underway, this article makes suggestions related to financial and risk management for grain farms.  Projections for extremely low income in 2019 set the overall […]

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