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Farm Bill What-If Tool
This program calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Price Loss Coverage (PLC) payments, and ARC at the Individual Level (ARC-IC). County yields and market year average (MYA) prices…
Crop Insurance Decision Tool
This program calculates premiums, evaluates insurance payments, and provides historical data useful when making crop insurance decisions for multiple crops. Estimates are for crops in midwest and southeast states. Learn…
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Latest farmdoc Daily Articles
The Liquidity of Illinois Grain Farms: Current Ratio by Farm Size
In this article, we conclude our liquidity series by examining how the size of gross farm returns relates to the liquidity of grain farms. We will specifically look at the…
Biomass-Based Diesel: It’s Still All About the Policy
There is considerable uncertainty about the outlook for biofuels with the changeover of administrations in Washington, D.C. As one example of the uncertainty, the outgoing Biden Administration earlier this month…
U.S. Agricultural Trade Background Given Potential Tariffs
Agricultural trade is again coming under more focus as President Trump comes into office. The Trump administration has suggested the use of tariffs on goods coming into the United States…
Landowner’s Adjusted Net-Share Rent as a Percent of Crop Returns
Over time, more farmland leases in Illinois have been shifting from traditional crop share leases to cash leases. In addition, there has been some increase in flexible or variable rent…
Reviewing Public Support for Payments to Farmers
The Gardner Food and Agricultural Policy Survey has been tracking public support for a variety of agricultural payment types for nearly three years. Results from the GFAPS show that the public is most supportive of payments following natural disasters and least supportive of payments in response to low crop prices. Interestingly, support for payments for farmers following export or trade restrictions saw an uptick in November, following the election.
Revisiting the RIN Cliff
The U.S. biomass-based diesel (BBD) industry went over a RIN cliff in May 2023. It is clear in hindsight that the boom in BBD capacity and production in the U.S., largely associated with renewable diesel, was simply too much too soon relative to the demand ceiling implied by the RFS mandates. The good news is that there may be light at the end of the tunnel for BBD producers. Recent data show that BBD supply is now better balanced with the demand ceiling.
Latest Farm Policy News Articles
USDA Nominee Rollins Pledges Farmer Aid In Case of Trade War
Progressive Farmer’s Chris Clayton reported that “agriculture secretary nominee Brooke Rollins told senators on Thursday that USDA would be prepared to again provide aid to farmers if they face retaliatory…
US Share of China Soybean Market Fell to 21% in 2024
Reuters Ella Cao and Mei Mei Chu reported on Monday that “China’s soybean imports from the United States dropped 5.7% in 2024 from the previous year and were replaced by…
Trump Preparing 10% Tariff on China in February
Bloomberg’s Josh Wingrove and Hadriana Lowenkron reported Tuesday that “President Donald Trump widened his tariff threats to include China and the European Union on his second day back in office…
Trump Says Canada, Mexico May Get 25% Tariff by Feb. 1
Reuters’ David Lawder, Andrea Shalal and Jarrett Renshaw reported Monday evening that “President Donald Trump did not immediately impose tariffs on Monday as previously promised but said he was thinking…
FTC Sues John Deere Over Right to Repair
Reuters’ Leah Douglas and Jonathan Stempel reported Wednesday that “the U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere, alleging it illegally drives up repair costs by forcing…
USDA Releases 45Z Feedstock Details, Drops Bundling Requirement
Progressive Farmer’s Chris Clayton reported Wednesday that “less than a week after biofuel groups lamented the lack of details about the Clean Fuels Production (45Z) tax credit, USDA released an…