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Weekly Outlook

How Long Will Low Corn Prices Persist?

  • November 30, 2015
  • Darrel Good

Corn prices declined following the USDA's Crop Production report released on November 10 and continue to trade just above marketing year lows. The rate of corn consumption has increased in…
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Weekly Farm Economics

Estimates of 2015 ARC-CO Payments

  • November 24, 2015
  • Gary Schnitkey

Many farmers will place estimates of 2015 Agricultural Risk Coverage - County Option (ARC-CO) payments on the 2015 income statement as revenue, resulting in an accrued ARC-CO payment on their…
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Weekly Outlook

Hog Prices Drop to 6 Year Lows

  • November 23, 2015
  • Chris Hurt

Live hog prices fell below $40 per hundredweight last week. This means hog prices are at their lowest level since November of 2009 when the U.S. was just beginning to…
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Machinery Capital Invested on the Farm

  • November 20, 2015
  • Bradley Zwilling, Brandy Krapf, and Dwight Raab

The value of machinery on farms changes considerably over time. Data from a group of grain farm operators who are members of the Illinois FBFM Association details this aggregated data…
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Weekly Farm Economics

Corn Seed Costs from 1995 to 2014

  • November 17, 2015
  • Gary Schnitkey

Of the direct costs for corn, per acre seed costs on a percentage basis increased the most between 2006 and 2014, increasing by 164% percent. This article provides perspective on…
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The Real Price of Natural Gas

  • November 13, 2015
  • Scott Irwin

A recent farmdoc daily article documented that real (inflation-adjusted) prices of crude oil and gasoline have recently fallen all the way back to levels prevailing more than a decade ago.…
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Big Data in Farming: Why Matters!

  • November 12, 2015
  • Steve Sonka and Yu-Tien Cheng

Big Data applications generally create predictions based on analysis of what has occurred. Uncertainty in farming, based in biology and weather, means that what has happened often is not a…
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Weekly Farm Economics

2014 ARC-CO Payments: Release of 2014 County Yields

  • November 10, 2015
  • Gary Schnitkey, Jonathan Coppess, Nick Paulson and Carl Zulauf

The Farm Service Agency has released 2014 county yields thereby providing the final item needed to calculate 2014 Agricultural Risk Coverage - County Option (ARC-CO) payments. This article provides an…
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2015 3rd Quarter RIN Update

  • November 4, 2015
  • Nick Paulson

Today's article provides another quarterly update on Renewable Identification Number (RIN) generation in 2015 based on available data from EPA's EMTS through September. Articles from April 29, 2015 and July…
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