Illinois: 2020 Incomes and Capital Expenditure Oct 13, 2021

🕔Oct 13, 2021
Average net farm income on Illinois grains farms was above-average in 2020 primarily because of two factors: 1) higher corn and soybean prices in the second half of 2020, and […]

Livestock: Unexpectedly Lower Hog Inventories, Steady to Lower Demand Oct 1, 2021

🕔Oct 1, 2021
The USDA’s September Hogs and Pigs report places the September 1 inventory of all hogs and pigs at 75.4 million head, up about 1.3% from last quarter but down 3.9% from last […]

Illinois Grain Farms: Comparing Machinery Values Sep 25, 2021

🕔Sep 25, 2021
Not only has machinery values been increasing over time, so has the size of farms.  This study compares machinery values on Illinois grain farms enrolled in Illinois Farm Business Farm […]

Brazil Starts Planting Grain Crop with Forecast of a New Record Sep 24, 2021

🕔Sep 24, 2021
Farmers in Brazil began planting in September for what is expected to be a recording-breaking 2021-2022 harvest. The first projection from CONAB (National Supply Company in Brazil) projects farmers will […]

Ag Taxes: Evaluating Impact of House Ways & Means Proposal Sep 20, 2021

🕔Sep 20, 2021
New details for a potential $3.5 trillion spending and tax package were released by the House Ways & Means Committee on Monday September 13, 2021, including a proposal for funding […]

Corn, Soybeans: WASDE 2021 Price Projections – A Historical Perspective Sep 16, 2021

🕔Sep 16, 2021
The Office of the Chief Economist of the U.S. Department of Agriculture recently revised 2021 market year average (MYA) price projections to $5.45 per bushel for corn and $12.90 per […]

Farmland Leasing: Comparing Net Returns for Alternative Arrangements Aug 20, 2021

🕔Aug 20, 2021
Obtaining control of land through leasing has a long history in the United States.  Leases on agricultural land are strongly influenced by local custom and tradition.  However, in most areas, […]

Meatless Meat – Factors Influencing Industry Expansion Aug 10, 2021

🕔Aug 10, 2021
As the meatless meat industry seeks to expand its market, a number of factors will influence its success. This article discusses two main factors: consumer acceptability – whether consumers are […]

Illinois Corn, Soybeans: 2022 Crop Budgets Contain Higher Costs Aug 7, 2021

🕔Aug 7, 2021
Non-land costs for 2022 corn and soybean production are projected to be at all-time highs. Despite these high costs, corn and soybean production is projected to be profitable in 2022 […]

Corn, Soybeans: 2021 Fertilizer Price Increases in Perspective, Implications for 2022 Costs Aug 7, 2021

🕔Aug 7, 2021
Fertilizer prices have increased dramatically over the past year, with prices on major fertilizer products in Illinois increasing by over 50%. High fertilizer prices lead to projections of near record-high […]

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