U.S. Field Crop Income – Return to Normalcy

🕔Mar 22, 2018The economic state of U.S. crop farming has drawn considerable attention in recent years. This article uses U.S. Department of Agriculture (USDA) cost of production data to compare the ratio […]

Corn, Soybeans: Exceptional Yields in 2017

🕔Mar 21, 2018Listen to MP3 Podcast Both corn and soybean yields were exceptional in 2017, with the national corn yield being the highest ever and the national soybean yield being the second […]

Crop Insurance: Premium Subsidy and Insured U.S. Acres

🕔Mar 16, 2018Cost of Federal Crop Insurance is an on-going farm policy issue. President Trump proposed several changes to reduce its cost in his Fiscal Year 2019 budget. The changes include reducing […]

Illinois: Trends in Farm Balance Sheets Over Time

🕔Mar 15, 2018Trends in the financial position of Illinois farms are presented in this article. Overall, farms gained financial strength from 2006 to 2012. Since 2012, working capital has declined. The net […]

Farm Bill Review: Historic Fixed Price Policy and Costs of Production

🕔Mar 9, 2018This article continues the discussion regarding fixed-price commodity policies in farm bills by comparing early target prices and costs incurred by farmers to produce supported crops. The discussion in this […]

Illinois: Farm Income and Policy Simulator Offers Real-World Economics

🕔Mar 7, 2018With today’s article, the Gardner Agriculture Policy Program introduces a comprehensive tool for farm income, economics and policy analysis (farmdoc daily, January 27, 2017). The Gardner Farm Income and Policy Simulator […]

Corn, Soybeans: Crop Insurance Decisions for 2018

🕔Mar 2, 2018The price discovery period used to determine projected prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2018 is completed. For the majority of the […]

Corn, Soybeans, Wheat: Estimated 2017 ARC-CO Payments

🕔Feb 28, 2018The National Agricultural Statistical Service (NASS) released county yields for 2017 (released February 22 on NASS’s Quick Stats website. With these NASS yields, fairly accurate estimates of 2017 Agricultural Risk […]

Farm Bill Review: Origins of Fixed Price Policy

🕔Feb 23, 2018The changes to farm programs included in the Bipartisan Budget Act of 2018 discussed recently were an unusual revision of farm policy both in timing and method. Congress agreed to […]

Corn and Soybeans Prices: Online Tool Sorts Out Futures Contract Probabilities

🕔Feb 21, 2018As crop insurance and crop planting decisions are being made for the 2018 crop year, it is useful to assess possible springtime and harvest pricing information, and understand the impact […]

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