skip to Main Content

Farmland Prices in a Most Interesting Time

Farmland prices have increased at a phenomenal rate in the past year.  Returns to farmland remain high, but interest rates could increase.  Luke Worrell will present results of the mid-year survey of the Illinois Society of Farm Managers and Rural Appraisers.  Bruce Sherrick will provide perspectives on farmland prices.

Planning on Corn Belt Farms for 2023 Production

Profits are projected for Corn Belt farms in 2023, but likely lower returns than 2021 and 2022.  As the planning season for the upcoming crop year goes into full force, this outlook for 2023 farm returns will be useful in making rental, acreage, and input decisions, including focus on nitrogen decisions and the availability of…

Updated Supply and Demand for Corn and Soybeans

The webinar will review USDA’s June 30 Grain Stocks and Acreage reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans will provide a clearer picture of total 2021-22 marketing year consumption, ending stocks, and price prospects. The magnitude of planting acreage will clarify prospects for the size of the 2022 corn and soybean crops with implications for the 2022-23 balance sheets and price prospects.

Financial and Environmental Impact of Conservation Practices

Do you want to learn more about how conservation practices like reduced- and no-till, cover crops, and nitrogen management impact corn and soybean production, profitability, and environmental impact? In this 1-hour webinar, the PCM and University of IL Agricultural Economics Team will summarize 7-years of data from the Precision Conservation Management program (PCM). PCM is a farmer service program led by IL Corn Growers Association and IL Soybean Association. PCM’s objective is to work 1-on-1 with farmers across Illinois as they make financially based conservation decisions on their farms.

Income, Taxes, and Management

With spring planting just around the corner, FBFM field staff will provide an income and tax update. A new educational program called AMP will be discussed that is being sponsored by Illinois Soybean Association, Illinois Farm Business Farm Management, and farmdoc.

Policy Update for 2022

While no major changes have been made to crop insurance or commodity programs for 2022, major legislation has been moving through Congress this fall that will have impacts on agriculture. The Infrastructure Investment and Jobs Act includes funding for a range of investments that will impact agriculture and rural communities. The Build Back Better framework’s…

Farmland Values and Rental Rates for 2022

Farmland market prices have risen dramatically over the past 12-18 months, and cash rents for 2022 experienced upward pressure as well. Factors affecting farmland markets and rental rates will be discussed including prospects for future income, impacts of continuing low interest rates, monetary policy changes, inflation updates, and export driven demand. Expanding investor interest in…

Supply Bottlenecks and Management Decisions

Covid control measures have led to supply chain issues that appear to be worsening for the 2022 production year. General price inflation also is occurring. As a result, all input costs will be considerably higher in 2022 as compared to 2021. We will discuss recent increases in costs and assess their impacts on the upcoming…

Farm Income Outlook for 2022

The economic situation on Illinois grain farms has brightened with higher grain prices, resulting in relatively high incomes for 2021. Prices in 2022 could continue to be above the long-run average, but costs will increase substantially. If prices remain above average, incomes in 2022 likely will be near average. However, the higher 2022 costs require…

Grain Market Outlook for 2022

Corn and soybean prices currently sit at historically high levels. A crucial question for 2022 is how long should we expect the good times to last? In this webinar, we discuss the 2022 supply and demand outlook for corn and soybeans. Two key factors are highlighted: trade with China and acreage supply response.

Machinery Costs and Management

The 2021 version of machinery cost estimates for field operations, harvesting operations, and tractors are available on farmdoc. We will discuss the uses of these estimates and the methods used to arrive at these costs. Machinery management revolves around properly sizing machinery and optimizing use.

Factors affecting Farmland Markets

Farmland prices have risen rapidly in recent months both due to in part to rising income prospects and continuing low interest rates.   Uncertainty about monetary policy and inflation, strength of the dollar, and export driven demand highlight the typical explanations, but expanding investor interest in the asset class, new technologies for managing farmland investments, and…

Grain Returns for 2021 and 2022

Production cost are rising at substantial rates. Here we will summarize grain farm financial statements for farms enrolled in Illinois Farm Business Farm Management, and present projections for the future.

Is the MRTN Nitrogen Rate for Corn High Enough?

The Maximum Return to Nitrogen (MRTN) is a recommended N rate based on recent N response trials, and is often lower than rates based on expected yields. We’ll discuss how much risk this brings, and will introduce a way for producers to check MRTN performance in the field.

Managing Weeds in Variable Weather: Insights From Data Mining

Global climate change is creating challenges for agriculture today and will continue in the future. During the past 50 years in the US Cornbelt, average air temperatures have risen and rainfall has become more variable, including an increase in the total number of extreme rainfall events. These trends are expected to continue. Weather and weeds are two stressors that can act simultaneously to affect crop performance, yet their comprehensive study in tandem is limited. The webinar will discuss the most important relationships among weed control and weather variability on corn yield loss due to weeds.

Brazil and the United States

Brazil is the United States’ major competitor in agriculture, with Brazil now producing more soybeans than the U.S. Here we will discuss Brazil’s past development, and prospects for the future.

Carbon Markets 101: What Questions Farmers Should Ask?

With growing concerns about climate change, policy markers are looking for solutions to reduce greenhouse gas emissions. One solution is a market for carbon credits. Here we will describe the latest on carbon markets, with an emphasis on definitions of carbon markets and an analysis of current carbon markets.

Farmland and Price Outlook

Farmland market prices are rising and cash rents for 2022 are being set. Latest information on farmland price, including results from the annual survey of the Illinois Society of Professional Farm Managers and Rural Appraises. Expectation for 2022 will be given.

2021 farmdoc Update

New issues have emerged in Corn-belt agriculture with outlook and costs still being on the forefront. The following webinar series will aid in setting current thinking of the agricultural economy moving into 2022.

Demonstration and Discussion of the Cover Crop Simulation Tool

A project team from ACES, NCSA and Purdue’s Agronomy Department have been developing a first-of-its-kind cover crop simulation and decision support tool for Illinois farmers with funding by the Illinois Nutrient Research & Education Council.  The tool was released in October and recently updated with additional functionality.  On this webinar, the project team will discuss the project and tool, as well as provide a demonstration and explanation.

The Cover Crop Decision Support Tool may be found at https://covercrop.ncsa.illinois.edu/

ECO and Crop Insurance

Most farmers in the Midwest insure corn and soybeans with Revenue Protection (RP). This year, a new county-level product can be added on top of RP and other products called Enhanced Coverage Option (ECO). This webinar will discuss the crop insurance decisions, in general, and ECO in particular.

Commodity Title Choices in 2021

Farmers and land owners will again have the opportunity to change commodity title choices between Agricultural Risk Coverage and Price Loss Coverage for the 2021 crop year. The deadline for the decision in March 15, 2021. This webinar will discuss these alternatives.

Farmland Markets and Macro Markets

Farmland is receiving significantly increased attention by owners and investors seeking to make sense out of the scrambled economic signals of the recent past.  Historically, the conventional narrative around farmland as a financial asset is that the returns are positively correlated with inflation, have low or negative correlation with equities, and have positive portfolio benefits…

Straining the alphabet soup: Post-election farm policy outlook after three years of ad hoc farm payments

We consider both the short- and medium-run outlook for US farm policy following the 2020 election. We provide an updated review of three years and four rounds of ad hoc farm payments, including an analysis of payment distribution and program design for the Market Facilitation Program (MFP) and Coronavirus Food Assistance Programs (CFAP). We discuss…

Farm Program and Crop Insurance Decisions for 2021

The election and enrollment period for the ARC and PLC programs for the 2021 crop year is now open, and decisions must be made by March 15th.  A new crop insurance program, the Enhanced Coverage Option (ECO), will also be available for crops produced throughout the Midwest. ECO is a county-based program, similar to the…

2020 and 2021 Grain Farm Income Outlook with Risk and Rental Implications

Grain farm incomes in 2020 were supported by above-trend yields, higher prices than expected, and several forms of Federal payments. These 2020 incomes serve as a backdrop for 2021 income projections. Sufficient 2021 incomes will be dependent on a combination of above-trend yields and continued Federal payments. Risk management will be critical, and several new…

2021 Market Outlook for Corn and Soybeans

In a year stricken by the coronavirus pandemic and an extremely severe economic contraction, corn and soybean prices have risen to levels that seemed impossible just a couple of months ago.  A critical question for 2021 is the likelihood of sustaining corn prices near $4 and soybeans near $11.  In this webinar, we discuss the…

Conservation, Incomes and Farmland Leasing

Leasing season is again upon us. This webinar will first provide an outlook for setting 2021 leases. Then, attention will turn to conservation and leasing. Many landowners and farmers want to engage in more conservation practices but are concerned about the impacts these conservation practices may have on relationships between landowners and farmers. We will cover issues related to owner-farmer relationships for conservation, nutrient management, and cover crops. Conservation addendums to farmland leases available on farmdoc will be shown.

Outlook for Farmland Prices and Rents: Results of an Illinois Society Survey

Outlook for farmland prices and rents will be presented from results of an annual mid-year survey conducted jointly by the Illinois Society of Professional Farm Managers and Rural Appraisers and the University of Illinois. Topics include farm price outlook for the remainder of 2020, rental outlook for 2021, and outlook over the next five-years. Information will be useful as farmland markets enter the rent-setting season.

Where are we at Financially on Illinois Farms

Overall, the financial positions of Illinois farms are still strong, but erosion has occurred on many farms. Up to this point, most of that erosion has come in the form of reductions in working capital. Debt-to-asset positions have eroded only slightly. Non-declining asset values contribute to the relatively small declines in debt-to-asset positions. Some farms are more at risk, including those that have more cash rent farmland. Also, younger farmers tend to have worse situations than older operators.

Budgeting and Farm Income for 2020 and 2021

We will provide returns projections for corn, soybeans, and wheat production in 2021. Farm income for Illinois grain farms will be projected for both 2020 and 2021. Possible farm incomes will be presented that include payments from the farm safety net.

What’s the Future? Attempting an Outlook of the Policy Landscape

As summer approaches its end, the coronavirus pandemic has gotten worse, the economic outlook has dimmed and Congress is attempting to negotiate a potential next round of relief for the coronavirus pandemic while the 2020 election draws nearer. This webinar will review the policies put in place to date and attempt an outlook of the policy landscape ahead. The webinar will look at how MFP, CFAP and other ad hoc relief can serve as a leading indicator of policy directional changes, as well as review potential concepts and historical analogues.

Updated Supply and Demand for Corn and Soybeans

The webinar will review the USDA’s U.S. corn and soybean yield and production forecasts released on August 12. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the 2020-21 marketing year will be discussed.

Updated Supply and Demand for Corn and Soybeans

The webinar will review USDA’s June 30 Grain Stocks and Acreage reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans will provide a clearer picture of total 2019-20 marketing year consumption, ending stocks, and price prospects. The magnitude of planting acreage will clarify prospects for the size of the 2020 corn and soybean crops with implications for the 2020-21 balance sheets and price prospects.

Tillage, Nitrogen Use, and Cover Crop Impacts of Corn and Soybean Returns in Central Illinois

The profitability of different tillage systems and nitrogen application systems will be presented, along with the profitability impacts of cover crops. Data are for the years from 2015 to 2019 and come from Precision Conservation Management, a project having many partners with Illinois Corn as the lead partner. Over all, certain conservation practices have positive impacts on profitability, as will be discussed during this webinar.

Summary of 2019 FBFM Income and Expense Estimates for Illinois Farms

The 2019 growing season was a challenge for Illinois farmers. This webinar will focus on the financial results for 2019 from data from the Illinois Farm Business Farm Management (FBFM) Association. Attendees will learn about 2019 farm income and returns, cost of production and how the challenges of 2019 affected the financial position of Illinois farmers.

Updated Perspectives on the Pandemic and Policy Responses

Gary Schnitkey, Nick Paulson and Jonathan Coppess from the farmdoc team will provide updates on the most recent issues in the wake of the coronavirus pandemic, including the state-of-play on various policies for assistance in response. The discussion will include potential impacts on commodities markets from the fallout around biofuels production, livestock feed demand and exports, as well as a review of current legislative and USDA policies and the potential impacts.

What is the Outlook for the Ethanol Industry Going Forward?

The ethanol production industry has been severely impacted by demand destruction caused by coronavirus restrictions. The purpose of this webinar is to examine the financial damage done to the industry and the outlook for recovery through the end of 2020. Scott Irwin and Todd Hubbs of the farmdoc team will be joined by Eric Moseby, General Manager of Lincolnland Agri-Energy in Palestine, Illinois to discuss these issues.

PPP – Eligible Uses and the Loan Forgiveness Process

Many businesses, including farmers and other agricultural enterprises, applied for and received Payroll Protection Program (PPP) loans.  To qualify for loan forgiveness, loan funds can only be used to pay for certain expenses.  Join Bob Rhea and Dale Lattz from FBFM and Nick Paulson from the farmdoc team to discuss these issues.

Agricultural Law Issues and the COVID-19 Pandemic

The COVID-19 pandemic has sent shockwaves through the agricultural production system and raised unique legal issues for input suppliers, crop and livestock producers, and processors. The Director of the National Agricultural Law Center, Harrison Pittman, along with University of Illinois Agricultural Lawyers A. Bryan Endres and Jonathan Coppess, will explore the pandemic’s impact on the legal enforceability of agricultural contracts, protections afforded under commodity specific statutes such as the Perishable Agricultural Commodities Act and the Packers and Stockyards Act, regulatory compliance issues with potential large-scale euthanasia of livestock, state-level meat inspection laws, application of the Defense Production Act in the agricultural context, and a new generation of farm foreclosure moratorium laws. There will also be an update on additional relief measures, payment limits and current policy discussions at the federal level.

US-China Agricultural Trade and Shifting Consumption Patterns in China

Over the past two years, policy actions have had major impacts on trade in agricultural products between the US and China.  In addition, shifts in the consumption patterns are changing the demand for agricultural products by Chinese consumers.  Nick Paulson will be joined by Wendong Zhang, assistant professor in Agricultural Economics at Iowa State University, for a discussion of these issues and how they impact the outlook for U.S. agricultural exports.

Nick Paulson and Joe Glauber on Ag Trade

U.S. agricultural trade policy, China's push to reconfigure international supply chain lines, the entrance of Brazil and Ukraine into the commodity export markets, and the coronavirus pandemic have all disrupted the once relatively stable U.S. corn and soybean export markets. University of Illinois Agricultural Economist Nick Paulson and IFPRI's Joe Glauber will explore the policies and fundamentals behind the changes and probe the future impact.

The Impact of the Coronavirus Pandemic on Food Prices and Retail Food Sector

The retail food sector has been put under substantial stress by the coronavirus pandemic. What started out with runs on toilet paper quickly escalated to empty meat and bread aisles at grocery stores. Scott Irwin will join Jayson Lusk of Purdue University to discuss the how the pandemic has impacted food prices and logistical issues in this crucial sector of the American economy.

Getting the 2020 Crop Planted

Even with good corn and soybean yields following record-late planting in 2019, there is increased urgency in getting the 2020 crops planted on time. Emerson Nafziger will talk about the start of the 2020 planting season, current conditions, and planting date, depth, and seeding rate decisions in the coming weeks.

Rural Economy Stimulus: CARES and PPP Funding

The CARES Act includes a number of programs targeted at supporting small businesses. Rural businesses in Illinois have choices about participating in the Paycheck Protection Program (PPP). Join Bob Rhea and Dale Lattz from FBFM, and Nick Paulson from the farmdoc team, as they identify the key components of this new legislation and the impact on business owners.

Impacts of Covid-19 on Agricultural Assets and Lending Markets

COVID-19 is affecting America’s farmers, ranchers, and landowners in numerous and varied ways. Join Jackson Takach, chief economist with Farmer Mac, and Bruce Sherrick, Professor and Director of the TIAA Center for Farmland Research and a farmdoc team member, as they explore the drivers and linkages between the global pandemic, the related economic stoppage, farm assets, and agricultural finance.

Crop Management Outlook for 2020

Join Extension specialists from the University of Illinois Departments of Crop Science and Agricultural and Consumer Economics to discuss management recommendations for 2020 related to insect pests, weeds, diseases, and commodity prices.

Acreage Decisions 2020

Todd Hubbs will provide the latest outlook on acreage decisions for 2020. Gary Schnitkey will examine the cash flow and management decisions associated with 2020 acreage shifts.

Outlook and Farm Policy Moving Forward

Rob Johansson, chief economist of the U.S. Department of Agriculture, will provide perspectives on COVID-19s on the agricultural sector and work continuing within the USDA. Jonathan Coppess, farmdoc team member, will provide an updates that may be occurring at that point, with an emphasis on policy updates.

Updated Supply and Demand for Corn and Soybeans

The webinar will review USDA’s March 31 Grain Stocks and Prospective Plantings reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of March 1 stocks of corn and soybeans will provide a clearer picture of total 2019-20 marketing year consumption, ending stocks, and price prospects. The report will be especially important for projecting the magnitude of domestic corn consumption for feed use. The magnitude of planting intentions will clarify prospects for the size of the 2020 corn and soybean crops with implications for the 2020-21 balance sheets and price prospects.

Financial Perspectives on Agriculture and Coronavirus

Nick Paulson, a farmdoc team member, will lead a discussion of COVID-19 concerns related to agricultural finance. Nathan Kauffman (Vice President and Omaha Branch Executive) and Cortney Cowley (Economist, Regional Affairs Department), from the Federal Reserve Bank of Kansas City, will be guests and provide important perspectives. Any recent important updates related to COVID-19 and agriculture will be shared.

Lessons from Infectious Disease and Livestock

Jim Lowe, an expert in infectious diseases in the College of Veterinary Medicine at the University of Illinois, will share his perspectives on African Swine Fever and Coronavirus. Any recent important updated related to COVID-19 and agriculture will be shared.

Setting the Stage

Join farmdoc experts Jonathan Coppess, Todd Hubbs, Scott Irwin, Nick Paulson and, Gary Schnitkey, as they discuss the coronavirus impact on ag markets, planting decisions, and agricultural policy.

2020 Crop Insurance Decisions

All information is available for the 2020 crop insurance decisions. We will give a run down of risk and returns for the 2020 year, looking at changes from last year. Use of Supplemental Coverage Option (SCO) will be discussed.

This webinar is sponsored by Compeer Financial which may be found at https://www.compeer.com/

The Last Chance: Final ARC/PLC Information before the March 16 Deadline

Questions continue concerning the ARC/PLC decision that must be made for the 2019 and 2020 years by March 16, 2020. This webinar will provide examples of decision-making for specific farm situations. Latest information will be used in this webinar. Decisions must be made by March 15th. Sign up for your appointment with your Farm Service Agency (FSA) office.

Impact of Updated Yield and Price Information on ARC/PLC Decisions

NASS will release 2019 county yields for corn and soybeans on Feb 20th. These county yields, along with more up-to-date price information, will be used to refine ARC/PLC decisions for 2019 and 2020. Those counties that likely will make county yields will be identified. Farmers in some counties may wish to revise ARC/PLC choices baed on this information.

ARC/PLC Decisions for South Dakota

We will describe making the 2018 Farm BIll commodity title choices faced by South Dakota farmers. Those choices will involve enrolling an entire Farm Service AGency (FSA) farm in Agricultural Risk Coverage at the individual level (ARC-IC), or choose between ARC at the county level (ARC-CO) and Price Loss Coverage (PLC) for each program crop.…

Updated Supply and Demand for Corn and Soybeans

This webinar discusses the implications of the January Crop Production report and the December 1 stocks report. A detailed discussion of USDA’s December stocks report will provide a clearer picture of the impact on corn and soybean balance sheets. The webinar will review the USDA’s U.S. corn and soybean yield and production estimates for the 2019 crop year. An analysis of the production estimates combined with projections of marketing year consumption provide a basis for projections of the magnitude of year-ending stocks in the 2019-20 marketing year. The implications for marketing year average prices as well as the likely pattern of prices during the 2019-20 marketing year and beyond will be discussed with specific references to the pending trade deal with China.

Farmland Leasing in 2020

Trade disruptions and wet planting weather likely leads to lower farm incomes in 2019, with prospects of continued lower incomes into 2020. In this environment we provide information useful in negotiation farmland rental arrangements for 2020. Given increased emphasis on the environment, new addendums to farmland leases have been developed and are now available on farmdoc. Those addendums will be presented during this webinar.

Updated Supply, Demand and Price Prospects for Corn and Soybeans

This webinar discusses the implications of the September 1 stocks reports and October Crop Production report on corn supply and demand prospects for the 2019-20 marketing year. A detailed discussion of USDA’s September 30 stocks report will provide a clearer picture of the impact on corn and soybean balance sheets. The webinar will review the USDA’s U.S. corn and soybean yield and production forecasts released on October 10. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the 2019-20 marketing year will be discussed.

Updates on Farm Bill ARC and PLC Programs

The decisions between ARC and PLC are covered in this webinar. Farmers and land owners will need to make these decisions by March 15, 2020. Presented by: Jonathan Coppess Director, Gardner Agriculture Policy Program Director, Bock Ag Law/ Policy Program Clinical Assistant Professor, Agricultural & Consumer Economics, University of Illinois at Urbana-Champaign Mr. Coppess’ experience…

Is farmdoc the Future of Agricultural Extension?

Noon, September 10th, 2019 Scott Irwin Department of Agricultural and Consumer Economics Agricultural Extension has been buffeted by a variety of forces in the last several decades, including the move towards larger farms and more diverse smaller farms, budget cuts, changing policies, and a revolution in digital technology.  The farmdoc project has been at the…

ARC/PLC, 2019 Grain Farm Income, and 2020 Cash Rent Update

Recorded 8:00 AM, August 30, 2019 Jonathan Coppess, Gary Schnitkey, and Nick Paulson Department of Agricultural and Consumer Economics Farmers soon begin be able to make the commodity program choice between Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC). Details and tools for the ARC/PLC decision will presented in this webinar. Farm incomes for…

Updated Supply/Demand/Price Prospects for Corn and Soybeans

Recorded August 13, 2019 Presented by Todd Hubbs, PhD. and Scott Irwin, PhD. Department of Agricultural and Consume Economics The webinar will review the USDA’s U.S. corn and soybean yield and production forecasts released on August 12. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude…

Updated Supply/Demand/Price Prospects for Corn and Soybeans

The webinar will review USDA’s June 28 Grain Stocks and Acreage reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans will provide a clearer picture of total 2018-19 marketing year consumption, ending stocks, and price prospects.…

Prevent Plant / Late Planting Decisions

This webinar presented by the Farmdoc Team of Gary Schnitkey, Jonathan Coppess, and Todd Hubbs from the Department of Agricultural and Consumer Economics (ACE) in the College of Agricultural, Consumer and Environmental Sciences (ACES) at the University of Illinois discusses: Price Environment - detail on latest crop progress and price outlook, Policy Update - detail…

Prevent Plant / Late Planting Decisions

This webinar presented by the Farmdoc Team of Gary Schnitkey, Jonathan Coppess, and Todds Hubbs from the Department of Agricultural and Consumer Economics (ACE) in the College of Agricultural, Consumer and Environmental Sciences (ACES) at the University of Illinois discusses: Price Environment – detail on latest crop progress and price outlook, Policy Update - detail…

Prevent Plant / Late Planting Decisions

This webinar from Farmdoc from the Department of Agricultural and Consumer Economics (ACE) in the College of Agricultural, Consumer and Environmental Sciences (ACES) at the University of Illinois covered: Price Environment - detail on latest crop progress and price outlook, Policy Update - detail on MFP and Disaster Assistance, and Farmer Decisions - detail on…

Food and Agriculture in the 21st Century

Most predictions suggest that the population of the earth will likely increase by about 2 billion people by 2050 and prompts the question, “Will there be enough food?” This typically leads to a discussion of the need to grow more plant-based foods. Although clearly necessary that in itself will be insufficient if current trends continue.…

Updated Supply, Demand and Price Prospects for Corn and Soybeans

The webinar reviews the USDA’s U.S. corn and soybean yield and production forecasts released on August 10. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the…

Updated Supply, Demand and Price Prospects for Corn and Soybeans

The webinar reviews USDA’s June 29 Grain Stocks and Acreage reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans provides a clearer picture of total 2017-18 marketing year consumption, ending stocks, and price prospects. The magnitude…

Implications of USDA Grain Stocks and Prospective Plantings Reports for Corn and Soybean Prices

The webinar reviews USDA’s March 29 Grain Stocks and Prospective Plantings reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of March 1 stocks of corn and soybeans provide a clearer picture of total 2017-18 marketing year consumption, ending stocks, and price prospects. The…

Updated 2017-18 Supply/Demand/Price Prospects for Corn and Soybeans

The webinar reviewed the USDA’s U.S. corn and soybean yield and production forecasts released on August 10. The production forecasts was combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the 2017-18…

Implications of USDA Grain Stocks and Prospective Plantings Reports for Corn and Soybean Prices

The webinar will review the USDA’s March Grain Stocks and Prospective Plantings reports and discuss the implications for the supply and demand balance sheets and prices of corn and soybeans for the 2016-17 and 2017-18 marketing years. The presentation will last 30 minutes with an additional 30 minutes allowed for questions and discussion.

Grain Farm Income and Cash Rent Outlook: 2016 and 2017

Given clearer yield forecasts, 2016 net incomes for grain farms can now be forecast with more accuracy. Net incomes in 2016 will continue to be low. Current future prices for 2017 also point to low net incomes in 2017. Cash rents and land values will be discussed given these income forecasts.

Updated 2016-17 Supply, Demand and Price Prospects for Corn and Soybeans

The webinar reviewed the USDA’s U.S. corn and soybean yield and production forecasts released on August 12. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the…

Updated Supply, Demand and Price Prospects for Corn and Soybeans

Darrel Good and Scott Irwin reviews the USDA estimates released on the previous day and the implications for both old crop and new crop balance sheets for corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans will provide a clearer picture of total 2015-16 marketing year consumption and ending stocks.…

Crop Price Implications of USDA Grain Stocks

This webinar, Crop Price Implications of USDA Grain Stocks and Prospective Plantings Reports by Scott Irwin and Darrel Good reviewed the USDA’s March 1 Grain Stocks estimates for corn and soybeans as well as producer planting intentions for 2016 as revealed in the Prospective Plantings report. The supply, demand, and price implications for the remainder…

Crop Insurance, ARC, and Risk Management Update

Crop insurance decisions for 2016 was discussed during this webinar along with forecasts of projected 2015 county-level ARC payments.  The overall risk environment for 2016 and beyond was also described by Gary Schnitkey, Professor and Nick Paulson, Associate Professor, Department of Agricultural and Consumer Economics, University of Illinois

Is the Price of Biomass Right for You?

Is the Price of Biomass Right for You? Calculating Your Cost of Producing Crop Residues and Energy Crops Madhu Khanna, Nick Paulson and Tom Voigt With emerging technologies for bioenergy production, demand for biomass from corn stover and energy crops, like miscanthus and switchgrass, is expected to grow. What is the yield and cost of…

New Crop Corn and Soybean Marketing Decisions

Darrel Good, Scott Irwin and John Newton review USDA’s March 31, Grain Stocks and Prospective Plantings reports and consider balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of March 1 stocks of corn and soybeans will provide a clearer picture of total 2014-15 marketing year consumption,…

Comparing ARC-CO to PLC and SCO

The webinar will provide in-depth analysis using the online resources and calculators for the program choice between ARC-CO and PLC + SCO. The deadline for the decision is March 31 and this webinar will use the online payment estimates, calculators and other resources to help producers make the decision. Updated yield and price information will…

Finalizing the 2015 Corn and Soybean Planting Decision

Projected returns and costs for the 2015 production years will be presented for corn and soybeans. The 2015 projections will be compared to historical results. Incentives to switch acres from corn to soybeans will be examined. Preliminary income projections for 2015 and strategies for dealing with lower incomes will be discussed. Gary Schnitkey, Professor and…

2015 Crop Insurance Decisions

Gary Schnitkey, Bruce Sherrick and Nick Paulson from farmdoc at the University of Illinois provide advice or making 2015 crop insurance decisions given lower projected prices and new government programs. Special focus on Supplemental Coverage Option, Yield Exclusion, and Beginning Farmer Discount. This is the 1st event in the farmdoc 2015 Spring Webinar Series.

Farm Program Decision Overview

This webinar reviewed the details for ARC-CO, ARC-IC, PLC and SCO. By March 31st, producers must decide which program(s) will operate on their farms for the life of the 2014 Farm Bill. The decision is irrevocable after the deadline passes and this webinar will review the details of the programs, compare operational features and demonstrate…

Base Acre Reallocation and Payment Yield Decisions

This webinar reviewed the landowner decisions regarding updating payment yields and reallocating base acres. By February 27th, landowners have to decide whether or not to update their farm’s payment yields and whether they want to reallocate the base acres on their farm. This webinar will walk through the decision, as well as provide demonstrations of…

Yield Updating for the 2014 Farm Bill

Many questions exist on documentation required for updating yields as part of the 2014 Farm Bill. Stan Wilson with the Illinois Farm Service Agency will provide explanations on documentation required for yield updating. Stan also will take questions toward the end of the webinar.

Making the Farm Bill Decisions

Illinois Corn is sponsoring this webinar which will detail the three decisions associated with commodity programs in the 2014 Farm Bill. These decisions are 1) keep or update yields, 2) retain or reallocate base acres, and 3) choose a program to receive commodity program payments. Commodity program choices are Agricultural Risk Coverage at the county…

Back To Top