 |
 |
|
Corn Price Premiums Continue to Fade (7/21/2014)
Corn was the primary focus of the agricultural commodity complex beginning in the 2006-07 marketing year and continuing through the 2012-13 marketing year. Corn prices during that period were supported by a rapidly growing domestic ethanol industry that required more acres of corn and by relatively poor U.S. corn yields in 2010, 2011, and especially in 2012 that kept corn supplies very tight.  More... |
|
Release of 2015 Crop Budgets (7/8/2014)
The 2015 Illinois Crop Budgets are available in the management section of farmdoc. Overall, 2015 returns are projected at the same levels as 2014 returns, which are considerably lower than returns from 2010 through 2013. These lower returns signal the need to reduce 2015 cash rents. More... |
| |
Prospects for Grain Farm Incomes in 2014 (6/24/2014)
Average grain farm incomes in 2014 likely will be much lower than 2013 incomes. Corn prices near $4.20 per bushel combined with above average yields could result in average incomes on grain farms in Illinois around $45,000 per farm, slightly below the average for the years from 1996 through 2005. Read the FEFO... |
|
Non-Land Costs for Corn Increased in 2013 (6/3/2014)
Summaries of farms enrolled in Illinois Farm Business Farm Management (FBFM) indicate that 2013 non-land costs for producing corn were $615 per acre in central Illinois for high-productivity farmland. The $615 per acre cost in 2013 was $34 per acre higher than in 2012. Read the FEFO... |
|
College of Agricultural, Consumer and Environmental Sciences
