Crop Insurance: Breaking Down The Enhanced Coverage Option Nov 25, 2020

🕔Nov 25, 2020
ECO Coverage with Examples ECO triggers payments when county average revenue (yield) falls below 90% or 95% of expected county revenue (yield).  Expected revenues (yields) at the county level are […]

Illinois: Assessing Risk and Variation in 2019 Farm Revenue and Expenses Nov 23, 2020

🕔Nov 23, 2020
There is a great deal of risk associated with production agriculture.  Much of the management of the farm enterprise is oriented to mitigating or minimizing the various forms of risk […]

Illinois: Revenue Protection- The Most Used Crop Insurance Product Nov 18, 2020

🕔Nov 18, 2020
There has been a great deal of innovation in the crop insurance industry since the early 1990s. New products have been introduced, subsidy rates have been increased, and farmers have […]

Illinois: Corn Tarspot in 2020 Nov 17, 2020

🕔Nov 17, 2020
Corn tarspot, caused by the obligate fungal pathogen Phyllachora maydis, caused significant losses for many producers in 2018.  If you recall, that season was characterized by persistent wet weather from […]

Illinois Corn: 6 Management Tips for Tar Spot in 2021 Nov 12, 2020

🕔Nov 12, 2020
Corn tarspot, caused by the obligate fungal pathogen Phyllachora maydis, caused significant losses for many producers in 2018.  If you recall, that season was characterized by persistent wet weather from August […]

China’s Corn Imports Estimated 22 Million Metric Tons Nov 10, 2020

🕔Nov 10, 2020
A report earlier this month from USDA’s Foreign Agricultural Service (FAS) stated that, “The forecast for China’s corn imports for MY 2020/2021 is increased from 7 MMT to 22 MMT. […]

Slipping Farm Liquidity Indicates Difficulty Paying Loans Nov 9, 2020

🕔Nov 9, 2020
A recent article by Langemeier and Featherstone examined the trends in liquidity for a sample of Kansas farms.  Liquidity, measured using the current ratio, has declined substantially since its peak […]

German Pork “Effectively Trapped in Europe” Due to African Swine Fever, as China Rebuilds Herds Nov 4, 2020

🕔Nov 4, 2020
Late last week, Bloomberg News reported that, “China is flying in record numbers of pigs to improve genetics and boost productivity while rapidly rebuilding the nation’s hog population after it […]

Illinois: Prevalence of Corn and Soybeans across the Midwest Nov 4, 2020

🕔Nov 4, 2020
Relative acres of corn and soybeans vary across Illinois. Northern Illinois has more corn than soybeans acres and southern Illinois has more soybean than corn acres. We provide more information […]

Illinois Corn, Soybeans: Revised 2021 Crop Budgets Lead to Higher Return Projections Oct 30, 2020

🕔Oct 30, 2020
The 2021 Crop Budgets have been revised from the original August release. Corn and soybean prices have been increased in revised budgets, leading to higher corn and soybean return projections […]

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