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The Farm Economics Facts and Opinions (FEFOs) newsletters address economic topics related to farm management. Two issues are released per month. Below are listed the latest three. See an archive of all FEFOs here
Supplemental Coverage Option (SCO) in Wheat (August 5, 2014)
The basics of SCO are illustrated with an example from Washington County, Illinois. SCO will have risk management benefits when the maximum coverage level for the COMBO product is 75%. In counties where 85% coverage levels are available, SCO products offer limited potential to reduce the probability of low gross revenues. More...
Release of 2015 Crop Budgets (July 8, 2014)
The 2015 Illinois Crop Budgets are available in the management section of farmdoc. Budgets are given for corn, soybeans, wheat, and double-crop soybeans grown in northern, central, and southern Illinois. Central Illinois is further divided into categories for high and low productivity farmland. 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 (June 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. More...
Non-Land Costs for Corn Increased in 2013 (June 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. More...
 Data Spotlight
Farm Returns, Cent. ILFertilizer Prices, ILLand Prices, IL

Information in this section is useful in a variety of management decisions. Much of the data used in this section comes from the Illinois Farm Business Farm Management (FBFM) Associations.

Click here for instructions on using the Illinois Farm Management Handbook.

Handbook Chapters
Handbook Search Tool

Type your keyword and click the submit button. The search return page will show resource link titles that include your keyword.

Department of Agricultural and Consumer Economics    College of Agricultural, Consumer and Environmental Sciences
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