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, […]

Corn, Soybean Yields Projected at Above-Trend Levels for Most States Sep 30, 2020

🕔Sep 30, 2020
We compared projected state yields made available in the September Crop Production report to trend yields estimated with forty years of historical data. State corn yields are projected to be above-trend for most Midwest […]

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 […]

Illinois: Brightened 2020 Income Outlook for Grain Farms Sep 23, 2020

🕔Sep 23, 2020
In the past month, much has changed in outlook for grain farm income.  The U.S. Department of Agriculture (USDA) is projecting relatively high yields for corn and soybean in Illinois.  […]

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 […]

Illinois: Cash Rents in 2020, Projections for 2021 Sep 16, 2020

🕔Sep 16, 2020
The National Agricultural Statistical Service (NASS) recently released state and county rents for 2020. In addition, the Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of […]

Illinois Crop Budgets: Wheat-Double-Crop Soybeans Competitive with Corn Sep 9, 2020

🕔Sep 9, 2020
As wheat planting season approaches, we evaluate expected returns for crop rotations that include wheat.  Given current 2021 grain bids, a combination of wheat and double-crop-soybeans is projected more profitable […]

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