Farm Bill: How Does New PLC Protection Hold Up?

🕔Dec 5, 2018Reports suggest that the 2018 Farm Bill will be signed soon.  Given the proposals contained in the House and Senate versions of the Farm Bill, it seems likely that most […]

Trade Aid: Deadline for Signup Is Jan. 15

🕔Nov 28, 2018The Market Facilitation Program (MFP) provides partial compensation to farmers and share-rent landowners for losses occurring because of trade disputes. This program is administered by the Farm Service Agency (FSA) […]

Farm Business: 7 Financial, Risk Management Suggestions for 2019

🕔Nov 14, 2018With planning for next year’s crop underway, this article makes suggestions related to financial and risk management for grain farms.  Projections for extremely low income in 2019 set the overall […]

Illinois: What Could Change the 2019 Corn, Soy Return Outlook?

🕔Oct 31, 2018The outlook for 2019 corn and soybean returns is lower than returns in recent years. However, higher returns are possible under other economic and agronomic situations than those used to […]

Illinois Farm Finances: Grain Farms in Strong Position Despite Price Downturn

🕔Oct 24, 2018Over time working capital has deteriorated and debt-to-asset ratios have increased on grain farms across the Midwest. Average levels of working capital and debt-to-asset ratios still suggest an overall strong […]

Illinois Corn, Soy: Reviewing Prices and Market Facilitation Payments

🕔Oct 12, 2018As the trade conflict with China continues, prices for many agricultural commodities remain relatively low. Illinois corn and soybean prices dipped to new lows in September, coinciding with the latest […]

Illinois Corn, Soybeans: 2019 Crop Budgets Suggest Dismal Returns

🕔Sep 19, 2018Due to lower soybean prices and higher costs, budgets suggest returns will be very low for corn and soybeans in 2019.  Conserving cash, cutting investments, reducing costs, and renegotiating cash […]

Trade Aid for Farmers: Dollars and “Sense” – USDA Market Facilitation Program

🕔Aug 29, 2018USDA released details on aid it will provide to farmers in response to trade disputes, resulting in tariffs instituted by the U.S. and retaliatory tariffs from trading partners, especially China. […]

Cover Crops: Cereal Rye – Weighing the Costs vs. Benefits

🕔Aug 15, 2018Many farmers begin experimenting with cover crops by planting cereal rye into corn stalks with the following crop being soybeans (see NREC Guide for more detail).  This article discusses some of the […]

Farm Bill: Conference Negotiations Begin

🕔Aug 10, 2018Congress has completed the procedural steps necessary to begin conference negotiations on the two 2018 farm bills produced by the House and Senate.  Additionally, the Congressional Budget Office has updated […]

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