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 […]

Corn, Soybeans: National 2019 ARC-CO Payments Oct 23, 2020

🕔Oct 23, 2020
With the Farm Service Agency (FSA) recently releasing actual county yields for the 2019 program year, ARC-CO payments can now be calculated. Last week we provided an overview of ARC-CO payments on […]

Illinois Corn, Soybeans: 2019 ARC-CO Payments Oct 21, 2020

🕔Oct 21, 2020
With the 2019 marketing year average (MYA) prices for corn and soybeans finalized as of the end of September, and the Farm Service Agency (FSA) recently releasing actual county yields for the […]

Southern Farmers Gained The Most In 2019’s Tariff Payments, GAO Finds Oct 15, 2020

🕔Oct 15, 2020
The U.S. Government Accountability Office (GAO) recently released a report that reviewed USDA’s 2019 Market Facilitation Program (MFP) and payments.  USDA has reported that it made $14.495 billion in payments […]

Illinois: How Have Acreage Decisions Shifted Over Time? Oct 14, 2020

🕔Oct 14, 2020
Acreage decisions in Illinois are coming into focus for the 2021 planting year. Corn, soybeans, and wheat are the predominant crops in Illinois. Historic acreages in Illinois suggests that an […]

Corn, Soybean Price Changes and Relative Profitability Oct 7, 2020

🕔Oct 7, 2020
Corn and soybean prices declined throughout much of the first half of 2020, with low prices persisting into early August. Since August, both corn and soybean prices have increased. Overall, […]

A Farm Policy Dilemma: Base Acres, Planted Acres, and Ad Hoc Payments Sep 24, 2020

🕔Sep 24, 2020
Farm safety net payments that mitigate low farm income can encourage more production and thus more payments.  Since the 1996 farm bill, this fundamental farm safety net dilemma has been […]

Cost Benefit Analysis of CFAP2 Payments Sep 22, 2020

🕔Sep 22, 2020
At a campaign stop in Wisconsin on September 17, 2020, President Trump announced a second round of Coronavirus Food Assistance Program (CFAP2) payments. USDA estimates up to $14 billion in […]

Federal Payments Showed The Safety Net Favors Soybeans Sep 17, 2020

🕔Sep 17, 2020
This article examines the distribution by commodity of the $33 billion in payments by the Market Facilitation Program (MFP) announced in 2018 (MFP 2018), MFP announced in 2019, and Coronavirus […]

Midwest Corn, Soybeans: Cost Management Considerations for Harvest Sep 2, 2020

🕔Sep 2, 2020
Combines are the largest cost machinery item on most Midwest grain farms.  As such, periodically evaluating whether owning or out-sourcing combining is prudent, particularly at the point where a combine […]

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