Midwest Corn: Crop Insurance – Potential Payouts from Enhanced Coverage Option Feb 24, 2021

🕔Feb 24, 2021
Payments from the crop insurance add-on Enhanced Coverage Option (ECO) at different prices and yields are illustrated in this article. Since ECO coverage levels are high, ECO will make payments […]

Illinois: Ag Debt Continues to Increase Feb 23, 2021

🕔Feb 23, 2021
Agricultural debt on a nominal basis in Illinois has been increasing since 1991. Data from the U.S. Department of Agriculture (USDA) and Illinois Farm Business Farm Management (FBFM) are shown […]

2019 Covered Commodity Dashboard and Implications for the Crop Safety Net Feb 19, 2021

🕔Feb 19, 2021
USDA, FSA (US Department of Agriculture, Farm Service Agency) has released 2019 crop year payments by the ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage) commodity programs. Together with […]

ARC-CO and PLC: Using Farmdoc Tools to Aid Your Decision Feb 17, 2021

🕔Feb 17, 2021
Two tools are available on the farmdoc website for evaluating Commodity title choices faced by farmers.  The first is the 2018 Farm Bill What-If Tool, a Microsoft Excel spreadsheet that calculates payments under […]

Biofuels: RFS Stands Before Supreme Court on Question of Small Refinery Waivers Feb 12, 2021

🕔Feb 12, 2021
The Renewable Fuels Standard (RFS) has experienced more than its fair share of litigation over the course of its 15-year existence but it had not reached the Supreme Court.  January […]

Corn: What Is Up with USDA Revisions to Quarterly Stock Estimates? Feb 11, 2021

🕔Feb 11, 2021
It is not unusual for revisions to USDA crop and livestock estimates to be newsworthy. A good example occurred in January, when the USDA lowered its estimate of the U.S. […]

Crop Insurance: Higher Premiums and 2021 Decisions Feb 10, 2021

🕔Feb 10, 2021
Crop insurance premiums for all products will likely be much higher in 2021 than in 2020 because projected prices and volatilities will be higher in 2021 compared to 2020. These […]

Grain Markets: How Has Trade Concentrated, Diversified? Feb 5, 2021

🕔Feb 5, 2021
Export restraints, including taxes and embargos, are a food security risk for importers.  Diversification of sources is one way to manage the risk.  Since the early 1990s, a marked decline […]

Details Behind the Quality Loss Adjustment Program Feb 5, 2021

🕔Feb 5, 2021
Farms that suffered crop quality losses in 2018 or 2019 can apply for aid in a new disaster relief program. The Quality Loss Adjustment program was announced by the United […]

Illinois: Cover Crop Decision Support Tool Update Feb 5, 2021

🕔Feb 5, 2021
On October 1, 2020, the Gardner Agriculture Policy program and farmdoc, in conjunction with the National Center for Supercomputing Applications (NCSA) and researchers with Purdue University’s Agronomy Department, released a first-of-its-kind, […]

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