Illinois Corn: Should You Lower Nitrogen Application Rates?

🕔Mar 21, 2019Spring field operations will soon begin, and nitrogen applications on corn will commence.  More nitrogen will be applied this spring than is typical because wet weather limited fall applications. University-recommended […]

Farm Programs: How Would High Prices Affect the PLC Elevator Provision?

🕔Mar 18, 2019As discussed previously, the 2018 Farm Bill’s inclusion of an escalator provision for PLC alters that program and would likely have increased PLC payments if it had been in operation […]

Farm Programs: Supplemental Coverage Option – Is It Right for You? – Videos

🕔Mar 13, 2019Supplemental Coverage Option (SCO) was created after the passage of the 2014 Farm Bill. Before 2019, most farmers in the Midwest could not use SCO because SCO is only available […]

Illinois: 2019 Crop Insurance Guarantees

🕔Mar 6, 2019The 2019 projected prices for setting crop insurance guarantees in Midwest states are $4.00 per bushel for corn and $9.54 per bushel for soybeans.  In this article, revenue guarantees are […]

Corn, Soybeans: Crop Insurance Decisions for 2019

🕔Mar 4, 2019The price discovery period used to determined projected prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2019 is completed.  For the majority of the […]

Corn, Soybeans: 2019 Crop Revenues, Farm Program Guarantees

🕔Feb 27, 2019With the end of February nearing, projected prices for determining crop insurance guarantees are close to final. For corn, the projected price in 2019 will be near that of 2018, […]

Illinois Crop Returns: How Will Corn Fare vs. Soybeans in 2019?

🕔Feb 20, 2019Attention is beginning to focus on planting decisions of farmers in 2019, with some speculation that acres will shift from soybeans to corn.  Even given declines in expected soybean prices, […]

Crop Insurance: Supplemental Coverage Option – Is It Right for You?

🕔Feb 13, 2019Supplemental Coverage Option (SCO) was introduced in the 2014 Farm Bill but was limited to acres where Price Loss Coverage (PLC) was the commodity title program choice. More farmers likely […]

Price Loss Coverage Payments: The Impact of Policy Changes on PLC

🕔Feb 11, 2019The 2018 Farm Bill provides landowners the opportunity to update program yields for the Price Loss Coverage (PLC) program and we recently examined the impact of crop rotation on the […]

Illinois Corn and Soy: Profitability Impacts of Trend and High Yields

🕔Feb 8, 2019In recent years, yields over much of Illinois have been above average. A return to trend yields would result in much lower farmland returns, particularly if prices do not increase.  […]

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