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 […]

Payment Limitations: New Regs For An Old Problem – Gaming The System Aug 31, 2020

🕔Aug 31, 2020
On Monday, August 24, 2020, USDA implemented changes to the payment limitation and eligibility rules for federal farm payments enacted by Congress in the 2018 farm bill (Abbott August 24, 2020; […]

Illinois Corn, Soybeans: Time to Lower Cash Rents? Aug 12, 2020

🕔Aug 12, 2020
State-level cash rents released last week by the National Agricultural Statistical Service (NASS) indicate 2020 cash rents were virtually unchanged from 2019 across states in the Corn Belt. While corn […]

The PIK Program…It Seemed Like A Good Idea At The Time Jul 31, 2020

🕔Jul 31, 2020
In reviewing set aside acreage policy, previous articles focused on world crop markets and, in particular, the issues concerning effectiveness of the policy for corn and soybeans.  This article adds […]

Will Recent Payments Outside The Farm Bill Boost The Safety Net? Jul 30, 2020

🕔Jul 30, 2020
Since 1973, US farm program payments follow a process of moving from one regime or plateau to another, with the move occurring in a one to two year period.  Two […]

The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events