Corn: Big Shifts In Who Grows It And How Much Nov 19, 2020

🕔Nov 19, 2020
This article examines the changing distribution of world corn production since 2000.  Data are from the US Department of Agriculture, Foreign Agriculture Service’s Production, Supply, and Distribution data base. This article is […]

Corn, Soybeans, Wheat: USDA’s Long-Run Price Forecasts Nov 11, 2020

🕔Nov 11, 2020
Last week, the U.S. Department of Agriculture released its baseline projections providing ten-year estimates of supply and demand factors impacting U.S. agriculture. These projections suggest long-run prices of $3.55 per […]

Slipping Farm Liquidity Indicates Difficulty Paying Loans Nov 9, 2020

🕔Nov 9, 2020
A recent article by Langemeier and Featherstone examined the trends in liquidity for a sample of Kansas farms.  Liquidity, measured using the current ratio, has declined substantially since its peak […]

Corn, Soybeans: National 2019 ARC-CO Payments Oct 23, 2020

🕔Oct 23, 2020
With the Farm Service Agency (FSA) recently releasing actual county yields for the 2019 program year, ARC-CO payments can now be calculated. Last week we provided an overview of ARC-CO payments on […]

Illinois Corn, Soybeans: 2019 ARC-CO Payments Oct 21, 2020

🕔Oct 21, 2020
With the 2019 marketing year average (MYA) prices for corn and soybeans finalized as of the end of September, and the Farm Service Agency (FSA) recently releasing actual county yields for the […]

Farm Finances: When Creating 2021 Budgets, Don’t Forget Family Living Costs Oct 19, 2020

🕔Oct 19, 2020
In 2019, the total noncapital living expenses of 1,257 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) averaged $78,894–or about $6,600 a month for each family […]

Southern Farmers Gained The Most In 2019’s Tariff Payments, GAO Finds Oct 15, 2020

🕔Oct 15, 2020
The U.S. Government Accountability Office (GAO) recently released a report that reviewed USDA’s 2019 Market Facilitation Program (MFP) and payments.  USDA has reported that it made $14.495 billion in payments […]

Livestock: Cattle Finishing Net Returns in 2020 Oct 12, 2020

🕔Oct 12, 2020
This year has exhibited wide swings in commodity prices, drastically changing net return prospects.  Earlier papers examined net return prospects in early January (farmdoc daily January 10, 2020) and early […]

Corn, Soybean Price Changes and Relative Profitability Oct 7, 2020

🕔Oct 7, 2020
Corn and soybean prices declined throughout much of the first half of 2020, with low prices persisting into early August. Since August, both corn and soybean prices have increased. Overall, […]

Illinois Land Rents: Tying Amounts To Economic Returns – 10-Year Comparison Oct 6, 2020

🕔Oct 6, 2020
Over time, more farmland leases in Illinois have been shifting from traditional crop share leases to cash leases.  In addition, there has been some increase in flexible or variable rent […]

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