Illinois Grain Farms: Conservation and Farmland Tenure Jul 23, 2021

🕔Jul 23, 2021
Most grain farms in Illinois over 500 acres rent most of their land base.  Moreover, the majority of rented farmland is controlled by larger acreage farms.  In 2017, farms of […]

Soybean Production: Brazil Likely to Remain World Leader Jul 20, 2021

🕔Jul 20, 2021
Brazil is projected to retain its position as the largest soybean producer over the next decade. In the 2020/21 season, Brazil produced a record of 4,994 million bushels of soybeans, […]

Brazilian Corn: Safrinha Crop Projections Shrink as Prices Hit Record High Jul 9, 2021

🕔Jul 9, 2021
Projections for the safrinha corn (second crop) in Brazil were reduced as the drought continued in the main producing regions, and more recently frosts seen in South-Central. The most recent […]

Corn Seed: Historical Relationships Suggest Rising Costs for 2022 Jul 9, 2021

🕔Jul 9, 2021
Seed costs for corn have trended up over time. Genetic improvements and biotechnology use in hybrids have led to higher yields, contributing to the general increases in seed prices and […]

Projected 2020 Commodity Title Payments Jun 28, 2021

🕔Jun 28, 2021
Given increases in prices since the late summer of 2020, commodity title payments for the 2020 marketing year will be limited. Price Loss Coverage (PLC) payments are not projected for […]

Ag Committee Examines Disaster Aid – DTN Jun 25, 2021

🕔Jun 25, 2021
American agriculture needs a permanent disaster program that can provide aid quicker than ad-hoc aid that has helped buoy farmers in recent years. That was a repeated theme at a […]

Corn, Soybeans: Chances of Lower Harvest Revenues in 2021 Jun 18, 2021

🕔Jun 18, 2021
The harvest-time futures contracts for corn and soybeans continue to trade at levels well above those experienced since 2013.  In a recent article (farmdoc daily, May 11, 2021), we used the farmdoc Price […]

U.S. Grain Stocks-To-Use Ratios Have Declined Since 1960 Jun 17, 2021

🕔Jun 17, 2021
Stocks are an important market variable.  They reflect the balance between supply and demand.  High stocks generally mean low prices, and vice versa.  US policy toward stocks has changed over […]

Grain Farms: High Commodity Prices Lead to Increased Production Costs Jun 14, 2021

🕔Jun 14, 2021
Over time, per acre input costs on grain farms tend to rise with commodity price increases. In this article, we illustrate this relationship for corn in 1) central Illinois using […]

Illinois Grain Farms: Potential Impact of Estate Tax Changes Jun 8, 2021

🕔Jun 8, 2021
The Biden administration has expressed interest in raising federal estate taxes by lowering the tax-triggering estate value and increasing estate tax rates. Such proposals were included in recent draft legislation […]

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