Illinois: Crop Insurance – Soybean Harvest Prices Lowest Since 2006

🕔Nov 7, 2018The 2018 harvest prices used to determine revenue on crop insurance products are $3.68 per bushel for corn and $8.60 per bushel for soybeans. While both the corn and soybean […]

Illinois: What Could Change the 2019 Corn, Soy Return Outlook?

🕔Oct 31, 2018The outlook for 2019 corn and soybean returns is lower than returns in recent years. However, higher returns are possible under other economic and agronomic situations than those used to […]

Illinois Farm Finances: Grain Farms in Strong Position Despite Price Downturn

🕔Oct 24, 2018Over time working capital has deteriorated and debt-to-asset ratios have increased on grain farms across the Midwest. Average levels of working capital and debt-to-asset ratios still suggest an overall strong […]

Farm Bill Stalemate: Conservation Concerns

🕔Oct 18, 2018The conservation title is traditionally one of the least controversial and partisan of the major, mandatory funding titles in a farm bill debate; that the conservation is part of the […]

Tariff Conflict and Other Factors Affecting Farm Production Values

🕔Oct 17, 2018This article takes a step back from the headline of tariffs and agriculture to address a broader question, “How have estimates of the value of production changed since advent of […]

Corn, Soy, Wheat: ARC-CO Payments for 2017, Outlook for 2018

🕔Oct 17, 2018The Farm Service Agency (FSA) has released 2017 county yields, 2017 Market Year Average (MYA) prices have been determined, and FSA is in the process of making 2017 ARC-CO payments. […]

Illinois Corn, Soy: Reviewing Prices and Market Facilitation Payments

🕔Oct 12, 2018As the trade conflict with China continues, prices for many agricultural commodities remain relatively low. Illinois corn and soybean prices dipped to new lows in September, coinciding with the latest […]

Illinois: Making 2019 Cash Rental Decisions

🕔Oct 10, 2018This article presents information useful in determining appropriate levels of 2019 cash rents including average cash rents for the state of Illinois, average cash rents for counties, and average cash […]

Farm Bill: PLC Yield Updating for Exceptional Drought Counties – Commentary

🕔Oct 3, 2018General updating of program yields is not allowed in current House or Senate versions of the 2018 Farm Bill.  However, the House version does allow for program yield updating in […]

The Farm Bill Stalemate – Commodity Assistance

🕔Sep 28, 2018The Agricultural Act of 2014 (the 2014 Farm Bill) is scheduled to expire with the 2018 crop, fiscal and calendar years depending on the particular provision.  The earliest of these […]

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