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Weekly Farm Economics

2017 ARC-CO Payments and Outlook for 2018 Payments

  • October 16, 2018
  • Gary Schnitkey, Carl Zulauf, Jonathan Coppess, and Nick Paulson

The Farm Service Agency (FSA) has released 2017 county yields, 2017 Market Year Average (MYA) prices have been determined, and FSA is in the process of making 2017 ARC-CO payments.…
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Weekly Farm Economics

Fertilizer Prices Higher for 2019 Crop

  • September 25, 2018
  • Gary Schnitkey

August and September fertilizer prices confirm expectations of rising fertilizer costs for 2019. So far, anhydrous ammonia prices are close to $80 per ton higher for 2019 production as compared…
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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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Weekly Farm Economics

Trends in Farm Balance Sheets over Time

  • March 13, 2018
  • Gary Schnitkey

Trends in the financial position of Illinois farms are presented in this article. Overall, farms gained financial strength from 2006 to 2012. Since 2012, working capital has declined. The net…
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Weekly Farm Economics

Revised 2018 Corn and Soybean Budgets

  • February 13, 2018
  • Gary Schnitkey

Revised 2018 corn and soybean budgets are available in the management section of farmdoc. The major revision was to commodity prices. A $3.60 per bushel corn price and $9.60 per…
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