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Tag "farmdocDaily"

How Have U.S. Crop Acres Changed Over the Passed 25 Years?

How Have U.S. Crop Acres Changed Over the Passed 25 Years?

👤By Gary Schnitkey, University of Illinois 🕔Apr 25, 2017

Over the past 25 years, there have been shifts in crops planted in the United States. Overall, acres in feed grain crops decreased while acres in oilseed crops increased. Feed grain crops losing acres were wheat, oats, barley, and sorghum.

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Corn Market: Current Price Factors for 2017

Corn Market: Current Price Factors for 2017

👤By Todd Hubbs, University of Illinois 🕔Apr 24, 2017

July corn futures price closed, over the past week, at the low end of the price range between $3.60- $3.80 that it has moved around in since early March. Lower corn prices appear to reflect mixed expectations regarding demand factors

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Illinois Corn, Soybeans: How Much Did It Cost to Produce a Crop in 2016?

Illinois Corn, Soybeans: How Much Did It Cost to Produce a Crop in 2016?

👤By Bradley Zwilling, Brandy Krapf, and Dwight Raab, University of Illinois 🕔Apr 21, 2017

In 2016, the total of all economic costs per acre for growing corn in Illinois averaged $886 in the northern section, $870 in the central section for farmland with “high” soil ratings, $849 in the central section for farmland with

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Peanuts: Have Generic Acres Impacted Planting Decisions?

Peanuts: Have Generic Acres Impacted Planting Decisions?

👤By Nick Paulson, Gary Schnitkey, and Jonathan Coppess,, University of Illinois; and Carl Zulauf, Ohio State University 🕔Apr 21, 2017

As discussed in the April 13, 2017 farmdoc daily article, the 2014 Farm Bill created generic base acres which allow the current year crop plantings to determine which commodity program payments a producer might be eligible to receive. Thus, the

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Soybeans: Will Shift in Acreage Impact National Yield in 2017?

Soybeans: Will Shift in Acreage Impact National Yield in 2017?

👤By Todd Hubbs, Scott Irwin, and Darrel Good, University of Illinois 🕔Apr 20, 2017

USDA’s release of the March Prospective Planting report indicated an increase in planted acreage for soybeans in 2017. At a record high of 89.5 million acres, the report shows approximately 6 million additional acres of soybeans planted above last year

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

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

👤By Gary Schnitkey, University of Illinois 🕔Apr 19, 2017

For 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 expectation depending on price and yield outcomes. In this article,

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Corn, Soybeans: Planting Progress and Implications for Acreage

Corn, Soybeans: Planting Progress and Implications for Acreage

👤By Todd Hubbs, University of Illinois 🕔Apr 17, 2017

Since the release of the March 31 Prospective Plantings Report and the April WASDE Report, the corn and soybean markets turn their focus to spring planting. The pace of planting reveals expectations that delays in planting may influence acreage decisions. Recent

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Indiana: Cash Rent Dropped 12% Since 2014 – What’s Next?

Indiana: Cash Rent Dropped 12% Since 2014 – What’s Next?

👤By Nathan Carson and Michael Langemeier, Purdue University 🕔Apr 17, 2017

Net crop returns have dropped significantly since 2013. Budgeted earnings per acre for a corn/soybean rotation in Indiana were $120 in 2013. Since then budgeted losses per acre have ranged from $45 to $107. What effect has this significant drop

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Farm Bill Programs: Beneath the Label – A Look at Generic Base Acres

Farm Bill Programs: Beneath the Label – A Look at Generic Base Acres

👤By Jonathan Coppess, Gary Schnitkey, Nick Paulson, University of Illinois; and Carl Zulauf, Ohio State University 🕔Apr 14, 2017

A recent farm bill hearing before the House Ag Committee included concerns about how cotton farmers were treated by the 2014 Farm Bill. Comments indicated a concern that cotton farmers were lacking assistance. To better understand the situation this article

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Illinois Crop Insurance: Planting Dates and Prevented Planting Factors

Illinois Crop Insurance: Planting Dates and Prevented Planting Factors

👤By Gary Schnitkey, University of Illinois 🕔Apr 12, 2017

Reviewing planting dates in crop insurance products may be prudent as planting season approaches. This article provides a summary of earliest and final planting dates associated with the COMBO crop insurance product. The COMBO product includes farm-levels plans such as

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