Illinois Farm Finances: How Will Chinese Tariffs Affect Grain Farms?

🕔Apr 18, 2018Recent events suggest a possibility that China will place a 25% tariff on soybean exports from the United States to China. Such a tariff would result in lower soybean prices […]

2018 Farm Bill Debate: Reviewing CBO Baseline, Including Commodities

🕔Apr 13, 2018On April 9, 2018, the Congressional Budget Office (CBO) released its updated and revised baseline for the major programs in the farm bill. If Congress reauthorizes the farm bill programs […]

U.S. Cropland Prices: What’s the Impact of Increased Interest Rates?

©Debra L Ferguson
🕔Apr 12, 2018The Federal Reserve has initiated what appears to be sustained, incremental increases in the Federal Funds rate and by extension other interest rates. Current expectation is for a ¾ to […]

Farm Bill 1975-1995: Review Fixed Price Policy and Deficiency Payments

🕔Apr 6, 2018To round out the initial discussion of fixed price farm policy, this article reviews Federal expenditures for deficiency payments during the 1975 to 1995 crop years. The article builds on […]

Farm Bill Preview – Budget Discipline and Farm Policy

🕔Apr 2, 2018Poised at the starting line for the legislative process, the House Ag Committee has been delayed by partisan disagreement over controversial changes to the Supplemental Nutrition Assistance Program (SNAP). SNAP […]

U.S. Field Crop Income – Return to Normalcy

🕔Mar 22, 2018The economic state of U.S. crop farming has drawn considerable attention in recent years. This article uses U.S. Department of Agriculture (USDA) cost of production data to compare the ratio […]

Crop Insurance: Premium Subsidy and Insured U.S. Acres

🕔Mar 16, 2018Cost of Federal Crop Insurance is an on-going farm policy issue. President Trump proposed several changes to reduce its cost in his Fiscal Year 2019 budget. The changes include reducing […]

Farm Bill Review: Historic Fixed Price Policy and Costs of Production

🕔Mar 9, 2018This article continues the discussion regarding fixed-price commodity policies in farm bills by comparing early target prices and costs incurred by farmers to produce supported crops. The discussion in this […]

Illinois: Farm Income and Policy Simulator Offers Real-World Economics

🕔Mar 7, 2018With today’s article, the Gardner Agriculture Policy Program introduces a comprehensive tool for farm income, economics and policy analysis (farmdoc daily, January 27, 2017). The Gardner Farm Income and Policy Simulator […]

Corn, Soybeans, Wheat: Estimated 2017 ARC-CO Payments

🕔Feb 28, 2018The National Agricultural Statistical Service (NASS) released county yields for 2017 (released February 22 on NASS’s Quick Stats website. With these NASS yields, fairly accurate estimates of 2017 Agricultural Risk […]

Weather

Markets

The Latest