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 […]

Illinois Corn, Soybeans: Revised 2021 Crop Budgets Lead to Higher Return Projections Oct 30, 2020

🕔Oct 30, 2020
The 2021 Crop Budgets have been revised from the original August release. Corn and soybean prices have been increased in revised budgets, leading to higher corn and soybean return projections […]

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 […]

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 […]

Illinois: How Have Acreage Decisions Shifted Over Time? Oct 14, 2020

🕔Oct 14, 2020
Acreage decisions in Illinois are coming into focus for the 2021 planting year. Corn, soybeans, and wheat are the predominant crops in Illinois. Historic acreages in Illinois suggests that an […]

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, […]

Brazilian Soybean Profits to Reach Historical Highs in 2020/21 Oct 1, 2020

🕔Oct 1, 2020
Brazilian farmers are on a trajectory to have the highest soybean return in history for the 2019/20 marketing year. Soybean prices have reached highs in recent months, caused by low […]

Corn, Soybean Yields Projected at Above-Trend Levels for Most States Sep 30, 2020

🕔Sep 30, 2020
We compared projected state yields made available in the September Crop Production report to trend yields estimated with forty years of historical data. State corn yields are projected to be above-trend for most Midwest […]

A Farm Policy Dilemma: Base Acres, Planted Acres, and Ad Hoc Payments Sep 24, 2020

🕔Sep 24, 2020
Farm safety net payments that mitigate low farm income can encourage more production and thus more payments.  Since the 1996 farm bill, this fundamental farm safety net dilemma has been […]

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