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Agricultural Debt Continues to Increase (August 17, 2018)
Agricultural debt on a nominal basis in Illinois has been increasing since 1991. Data from the U.S. Department of Agriculture (USDA) and Illinois Farm Business Farm Management (FBFM) are shown to see if increasing debt levels pose problems for the…More.
The Tariff Conflict and Change in Value of Production of U.S. Field Crops (August 16, 2018)
On July 24, 2018, President Trump announced that the U.S. Department of Agriculture would provide a $12 billion program of assistance to U.S. farms to address economic loss from his use of tariffs to impact trade policy. As reported, the…More.
Updated Probabilities for Corn and Soybean Harvest Prices for 2018 (August 15, 2018)
The purpose of this farmdoc daily post is to evaluate the market's current implied price distribution for fall-time corn and soybean prices, and assess the implication for possible levels of crop revenue.More.
Managing the Economics of Planting Cereal Rye as a Cover Crop (August 14, 2018)
Many farmers begin experimenting with cover crops by planting cereal rye into corn stalks with the following crop being soybeans. This article discusses some of the economic implications of adopting this practice. The establishment costs and environmental benefits associated with…More.
Large Corn and Soybean Yield Forecasts Hurt Price Prospects (August 13, 2018)
The USDA August Crop Production report contained larger than expected forecasts for the 2018 U.S. corn and soybean crops. At 178.4 bushels per acre and 51.6 bushels per acre respectively, the corn and soybean yields came in above trade expectations.…More.
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