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Gardner Policy Series

Reviewing Prices and Market Facilitation Payments

  • October 11, 2018
  • Krista Swanson, Gary Schnitkey, and Jonathan Coppess

As the trade conflict with China continues, prices for many agricultural commodities remain relatively low. Illinois corn and soybean prices dipped to new lows in September, coinciding with the latest…
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Weekly Farm Economics

Market Facilitation Program: Impacts and Initial Analysis

  • August 28, 2018
  • Gary Schnitkey, Jonathan Coppess, Nick Paulson, Krista Swanson and Carl Zulauf

USDA released details on aid it will provide to farmers in response to trade disputes, resulting in tariffs instituted by the U.S. and retaliatory tariffs from trading partners, especially China.…
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Gardner Policy Series

Five-Year Income Projections for Grain Farms

  • June 26, 2018
  • Krista Swanson, Gary Schnitkey, Jonathan Coppess and Nick Paulson

Five-year financial projections for Illinois grain farms suggests continued low farm incomes, given that yields are at trend levels with corn prices near $3.60 per bushel and soybean prices ranging…
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Machinery Values on Illinois Grain Farms

  • June 15, 2018
  • Brandy Krapf, Dwight Raab and Bradley Zwilling

As farm incomes began to increase after 2006 due to higher grain prices, machinery values began to increase as well. There are many reason for this increase. We will compare…
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Gardner Policy Series

U.S. Field Crop Income – Return to Normalcy

  • March 21, 2018
  • Carl Zulauf , Gary Schnitkey, Jonathan Coppess and Nick Paulson

The 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…
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