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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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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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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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