Corn, Soybeans: Decoding Prevent Plant Acres Nov 15, 2019

🕔Nov 15, 2019Puzzlement has surrounded prevent plant acres for corn in 2019.  Specifically, using November 1 data from USDA, FSA, how can corn have 11.4 million prevent plant acres when corn planted […]

Illinois: N Applications – How Does Timing Affect Cost, Returns? Nov 13, 2019

🕔Nov 13, 2019Overall returns on Illinois grain farms are projected to be much lower in 2019 than recent years, resulting in more consumer about managing input costs. Fertilizer, seed, and pesticide costs […]

Hubbs on Grain: Will Corn Exports Recover? Nov 11, 2019

🕔Nov 11, 2019Despite the corn crop dropping by 118 million bushels in last Friday’s WASDE report, a 100 million bushel reduction in 2019-20 corn use muted any positivity. While expected by most […]

Great Plains – Dust Bowl Lessons Nov 8, 2019

🕔Nov 8, 2019Drought continues to hit the Great Plains on a cyclical basis yet the region remains a key component of American agriculture, consisting of nearly 10% of national production.  To date, […]

“2018 Farm Bill What-If Tool” Estimates Program Payments Nov 6, 2019

🕔Nov 6, 2019The 2018 Farm Bill What-If Tool has been released (click here to download). This Microsoft Excel spreadsheet will estimate Price Loss Coverage (PLC) and Agricultural Risk Coverage at the county […]

Farm Business: Measuring Financial Stress Nov 4, 2019

🕔Nov 4, 2019Financial stress is typically measured using a profitability measure and a solvency measure.  For example, profitability could be measured using the operating profit margin ratio and solvency could be measured […]

ARC – Individual Vs. County – When Is It Worth Considering? Oct 30, 2019

🕔Oct 30, 2019ARC-IC (Agriculture Risk Coverage – Individual) has received less attention than ARC-CO (ARC – County) and PLC (Price Loss Coverage).  ARC-IC is operationally more complex, thus harder to explain and […]

Livestock: Cattle Feeders Place More Heifers on Feed Oct 28, 2019

🕔Oct 28, 2019USDA’s October Cattle on Feed report, released on Friday, October 25th, indicated that the nation’s on feed inventory of 11.3 million head was about 1% smaller than a year ago, but still […]

Hubbs on Grain: Corn – Potential for a Post-Harvest Price Rally? Oct 21, 2019

🕔Oct 21, 2019Central Illinois corn prices climbed to the mid-$3.80 range last week with some locations offering above $4 for fall delivery.  While December futures prices struggle to break through $4, the […]

Farm Conservation Policy – What’s Next? Oct 18, 2019

🕔Oct 18, 2019The 2018 Farm Bill produced a rare setback for natural resources conservation policy. The current suite of conservation programs are all built out of the landmark Food Security Act of […]

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