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Illinois Farmland Values in Context

  • March 30, 2018
  • Bruce Sherrick and Gary Schnitkey

Each year, the Illinois Society of Professional Farm Managers and Rural Appraisers collects representative sales data from all across the state of Illinois, divided into 10 regions based on prominent…
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Crop Insurance Decisions for 2018

  • March 1, 2018
  • Bruce Sherrick and Gary Schnitkey

The price discovery period used to determine projected prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2018 is completed. For the majority of the…
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Crop Insurance Decisions for 2017

  • February 28, 2017
  • Bruce Sherrick and Gary Schnitkey

The price discovery period used to determined projected prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2017 is nearly completed. For the majority of…
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Weekly Farm Economics

Crop Insurance Premiums for 2017

  • February 7, 2017
  • Gary Schnitkey and Bruce Sherrick

Many producers are seriously evaluating their crop insurance budgets and coverage options in light of changing prices and premiums. Crop insurance premiums are determined each year based largely on several…
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Weekly Farm Economics

Crop Insurance Decisions for 2016

  • March 1, 2016
  • Bruce Sherrick and Gary Schnitkey

The Risk Management Agency (RMA) has now concluded its price discovery period used to determined final prices and volatility factors for federally sponsored corn and soybean crop insurance products for…
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Weekly Farm Economics

2016 Farmland Price Outlook

  • October 20, 2015
  • Gary Schnitkey, Bruce Sherrick and Todd Kuethe

Farmland prices in Illinois decreased modestly during the first half of 2015, and it appears that downward pressures are likely to continue into 2016. While headwinds related to farm income…
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Weekly Farm Economics

Crop Insurance Decisions for 2015

  • March 3, 2015
  • Bruce Sherrick

The Risk Management Agency (RMA) has now concluded its price discovery period used to determined final prices and volatility factors for federally sponsored corn and soybean crop insurance products for…
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Weekly Farm Economics

Yield Exclusion: Description and Guidance

  • January 13, 2015
  • Gary Schnitkey, Bruce Sherrick, and Jonathan Coppess

The Yield Exclusion (YE) allows specific years to be dropped from the calculation of guarantee yields for crop insurance. This option is available because of provisions contained in the 2014…
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Weekly Farm Economics

Farmland Price Outlook in 2014 and Beyond

  • August 19, 2014
  • Gary Schnitkey, Todd Kuethe and Bruce Sherrick

Recent commodity price declines have led to increasing concerns that farmland prices could decline as a result of potential decreases in income to farmland. Corn prices, for example, have decreased…
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