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Weekly Farm Economics

What is in an Average Cash Rent?

  • November 15, 2011
  • Gary Schnitkey

Published average cash rents mask the variability that exists in the farmland rental markets. To quantify variability, 2010 cash rents from individual farms in the Illinois Farm Business Farm Management…
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Tracking Crop Exports

  • November 10, 2011
  • Darrel Good

The USDA expects that exports of U.S. corn, soybeans, and wheat will be adversely impacted by the increased supply of these crops in the rest of the world. Corn production…
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Weekly Farm Economics

Crop Insurance Harvest Prices in 2011

  • November 8, 2011
  • Gary Schnitkey

Last week, the Risk Management Agency (RMA) announced harvest prices for corn and soybean grown in the Midwest. The harvest price for corn is $6.32 per bushel, $.31 per bushel…
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Weekly Outlook

Soybean Export Progress

  • November 7, 2011
  • Darrel Good

Since the first of October, November 2011 soybean futures have traded in a range of $1.20, with a high of $12.72. The price of that contract is currently about in…
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Weekly Farm Economics

Break-Even Corn-After-Corn Yields and Yield Drags

  • November 1, 2011
  • Gary Schnitkey

Many Illinois farmers have been disappointed with 2011 corn-after-corn yields, reporting significantly lower corn-after-corn yields compared to corn-after-soybean yields. So as to provide guidance for 2012 planting decisions, break-even corn-after-corn…
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