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Farmland Prices: Where to from Here?

  • July 29, 2011
  • Gary Schnitkey

Agricultural economists recently completed a series of articles dealing with farmland prices that appeared in Choices, a publication of the Agricultural and Applied Economics Association. A general consensus from these…
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Hot, Dry Weather and Crop Insurance

  • July 26, 2011
  • Gary Schnitkey

Recent hot, dry weather brings concerns about yield losses. Rains over the weekend alleviated concerns in many areas; however, there are some areas that are short on moisture. While it…
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Weekly Farm Economics

2012 Corn and Soybean Budgets

  • July 20, 2011
  • Gary Schnitkey

Table 1 contains 2012 corn and soybean budgets for high-productivity farmland in central Illinois. Budgets for other Illinois regions are shown in the appendix. Along with 2012 budgets, Table 1…
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Weekly Outlook

How Much Risk to the Corn Crop?

  • July 18, 2011
  • Darrel Good

A number of factors combine each year to determine the U.S. average corn yield. Among those factors, temperature and precipitation during July are the most important. Crop yield models have…
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USDA Report Highlights

  • July 12, 2011
  • Darrel Good

Today, the USDA's World Agricultural Outlook Board (WAOB) released the monthly report of World Agricultural Supply and Demand Estimates (WASDE) and the National Agricultural Statistics Service (NASS) released new wheat…
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$750 Million Settlement in GM Rice Contamination

  • July 8, 2011
  • A. Bryan Endres and Nicholas R. Johnson

Bayer CropSciences recently agreed to a $750 million settlement aimed at compensating long-grain rice farmers for damages they suffered when trace amounts of the company's genetically-modified "Liberty Link" rice was…
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