Cash and Tax Planning for 2018(September 21, 2018)
As harvest 2018 consumes most of your attention take some time to review your accounting records in anticipation of planning for the end of the year. Some in Illinois experienced excellent yields and some had hoped for a bit more…More.
Measuring Repayment Capacity and Farm Growth Potential(September 20, 2018)
Repayment capacity measures include the capital debt repayment capacity, capital debt repayment margin, replacement margin, term debt and capital lease coverage ratio, and replacement coverage ratio. Capital debt repayment capacity, capital debt repayment margin, and the term debt and capital…More.
U.S. Hay Market over the Last 100 Years(September 19, 2018)
Hay is the 3rd largest U.S. crop in terms of harvest acres. It also provides environmental services, notably erosion control. Understanding the U.S. hay market is therefore important for both market and policy reasons. This article examines the U.S. hay…More.
2019 Crop Budgets Suggest Dismal Corn and Soybean Returns(September 18, 2018)
Due to lower soybean prices and higher costs, budgets suggest returns will be very low for corn and soybeans in 2019. Conserving cash, cutting investments, reducing costs, and renegotiating cash rents should be aggressively pursued. If prices do not increase…More.
Record Corn Yield Forecast Weakens Corn Prices(September 17, 2018)
The USDA crop production report released last Wednesday led to a drop in corn prices as a record yield forecast surprised the market. The December corn futures price dropped to contract lows by the close on Friday. While corn consumption…More.
College of Agricultural, Consumer and Environmental Sciences
