Illinois Grain Farm Incomes in 2020 Jul 15, 2020

🕔Jul 15, 2020
We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID-19, 2020 net incomes were expected to be low without a turnaround in exports, […]

Corn, Soybeans: World Market Conditions Suggest Set-Asides Not an Effective Farm Policy Jul 13, 2020

🕔Jul 13, 2020
As set-asides are discussed as a farm policy alternative, the changing global nature of agricultural production needs to be considered.  As world production of corn and soybeans has increased significantly […]

Soybeans and PLC: A Need for Better Equity Among Program Crops Jul 9, 2020

🕔Jul 9, 2020
This article examines the reference price for soybeans.  It is sparked in part by soybeans being only one of only 5 covered commodities that received no payment from the Price […]

Illinois Grain Farms: How Did Prevented Planting Affect Income in 2019? Jul 8, 2020

🕔Jul 8, 2020
In 2019, many farmers in Illinois had prevented plant (PP) acres, acres that couldn’t be planted due to excessive moisture throughout the planting season. Previous analyses indicated that taking PP […]

Retiring Farmland To Boost Markets…An Idea Past Its Prime? Jul 2, 2020

🕔Jul 2, 2020
The return of low prices and the impacts of trade conflict and the coronavirus pandemic have driven increased interest in land retirement or set aside policies and prompted this series, […]

Lower Harvest-Time Grain Futures — An Accumulation Of Causes Jul 1, 2020

🕔Jul 1, 2020
On June 29, the settlement prices were $3.35 per bushel for the December corn contract on the Chicago Mercantile Exchange (CME) and $8.61 per bushel on the November CME soybean […]

Would Set-Aside Programs Boost Commodity Prices? (First In A Series) Jun 29, 2020

🕔Jun 29, 2020
Low prices, trade conflict and a global pandemic are producing a potential perfect storm of problems for the farm economy that a flood of federal payments is unlikely to address.  […]

Soybeans: Expected Harvest Prices for 2020 Jun 24, 2020

🕔Jun 24, 2020
We developed a statistical model that projects the 2020 harvest price for soybeans, given a national soybean yield and average of May futures prices. This projection represents the harvest price […]

Corn: Expected Harvest Prices for 2020 Jun 17, 2020

🕔Jun 17, 2020
We developed a statistical model that projects the 2020 harvest price for corn, given a national corn yield and average of May futures prices. The harvest price is used in […]

Corn, Soybeans: Farm Profitability – More Federal Aid Needed Jun 11, 2020

🕔Jun 11, 2020
Federal aid in the form of Market Facilitation Program (MFP) and Coronavirus Food Assistance Program (CFAP) payments have increased returns and the financial stability of grain farms in 2018, 2019, […]

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