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Weekly Farm Economics

Soybean Yields in Illinois

  • October 25, 2016
  • Gary Schnitkey

In recent years, soybean yields in Illinois have been exceptional, leading to questions on whether technologies have caused a "jump" in soybean yields. While the 2016 state yield will be…
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Weekly Outlook

Soybean Prices Remain Strong

  • October 24, 2016
  • Darrel Good

December 2016 corn and wheat futures have recovered about 12 percent and seven percent, respectively, from the early September lows, but remain at relatively low levels. November soybean futures have…
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How Will Family Living Affect My 2017 Budgets?

  • October 21, 2016
  • Bradley Zwilling, Brandy Krapf, and Dwight Raab

In 2015, the total noncapital living expenses of 1,377 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) averaged $78,538--or $6,545 a month for each family (Figure…
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Explaining Fluctuations in DDG Prices

  • October 20, 2016
  • Michael Langemeier

Distiller's dried grains (DDG) are a co-product of dry-milled ethanol production. U.S. ethanol plants have the capacity to produce more than 15 billion gallons of ethanol and 45 million tons…
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2015 ARC-CO Payments for Corn, Soybeans, and Wheat

  • October 18, 2016
  • Nick Paulson, Gary Schnitkey, Jonathan Coppess and Carl Zulauf

The Farm Service Agency has released 2015 county yields and is making payments on the Agricultural Risk Coverage - County Coverage (ARC-CO) commodity title program. This article contains maps showing…
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Weekly Farm Economics

Corn and Soybean Acres in Illinois

  • October 11, 2016
  • Gary Schnitkey

In recent years, corn has been less profitable than soybeans in Illinois. Since crop profitability likely has an impact on acreage changes over time, a shift to soybeans may be…
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An Update on the Farm Safety Net

  • October 7, 2016
  • Michael Langemeier and Michael

In an earlier article, we projected earnings for a case farm in west central Indiana, and examined the sensitivity of earnings and farm program payments to changes in price and…
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What’s Up with RINs Prices?

  • October 5, 2016
  • Scott Irwin

RINs prices have been making headlines in recent months, with prices at times crossing the psychologically important $1 per gallon mark. Echoing earlier complaints, this has caused some to question…
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Weekly Outlook

Pork Outlook Turns Sour

  • October 3, 2016
  • Chris Hurt

Hog prices have collapsed to levels far below breakeven. There is worry that there are more hogs headed to market this fall than available packing capacity, and the latest USDA…
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