Connect on Social Media
Planting Decision Model
With this program, the user can: 1) estimate the costs of planting corn and soybeans by planting date, 2) estimate the net returns from replanting, 3) prevented planting payments, and…
Machinery Economics
Analyzes the cost of completing fieldwork and generates machinery costs.
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…
Farm Projection Tool
This program calculates per-acre budgets for different crops and a whole farm budget and includes breakevens. Projected financial statements and return sensitivities are available. The effects of farm level crop…
Recent Features
Visit farmdoc Sections
Planting Decision Model
Crop Insurance Decision Tool
Index Numbers of Illinois Farmland Values
2019 Budgets For All Regions
Latest farmdoc Daily Articles
Has the US Crop Safety Net Become Excessive?
The US crop safety net is approaching its centennial. It has been a remarkably adaptive, evolutionary policy. But, 21st Century assistance is raising the question of excessive levels for barley,…
Double Trouble Part 2: Producers Impacted by Rising Interest Expenses and Larger Loan Payments
Increases in both interest rates and average loan sizes have led to significant increases in both interest expenses and first-year loan payments faced by FSA farm loan borrowers over the last twenty years. Between 2005 and 2025, guaranteed operating loans faced the largest increase in total first-year interest expenses, increasing 97% on average. This contributed to an increase in average first-year loan payment levels for guaranteed operating loans of 91%.
SCO and ECO Choices in 2026
The One Big Beautiful Bill Act dramatically increased the premium support on Supplemental Coverage Option (SCO) crop insurance policies from 65% to 80%. The Risk Management Agency of the USDA then announced in August of 2025 that premium support would also be increased to 80% for the Enhanced Coverage Option (ECO) and other similar programs. As a result, farmer-paid premiums for SCO and ECO will be reduced in 2026.
Extending the Cattle Cycle with Still Lower Inventories
The USDA’s cattle inventory report places the total number of cattle and calves on January 1 at 86.7 million head, as the industry continues into a 7th consecutive year of contraction within the cattle cycle. The report indicates smaller beef cow and beef replacement heifer inventories and a smaller calf crop than anticipated. The report again confirms anticipated year over year drops across most inventory categories with fewer beef cows than any time since 1960 and the lowest total inventory since 1951.
Double Trouble Part 1: Producers Request Larger Loan Levels with Rising Interest Rates
Over the past seven years, the interest expense faced by producers receiving a new USDA Farm Service Agency (FSA) farm loan has increased 50 to 62 percent and the total first-year payment has increased 72 to 89 percent. This is due to both increases in interest rates and loan amounts. Increases in the average size of farm loans received by farmers points to an underlying need for larger levels of financing. This is likely driven by the increase in the costs of variable and fixed inputs.
Off-Base, Part 3: Picking Winners & Losers with Policy
Policy should not pick winners and losers. That well-worn phrase in DC circles is proclaimed more often than followed. As explored in this article, the most recent projections for crop costs, revenues and payments highlight the potential that extraordinarily large payments on southern base acres of peanuts, rice, and seed cotton will make the difference between profit and loss for those farmers who can plant those base acres to corn and soybeans.
Latest Farm Policy News Articles
Ag Leaders Warn of Risk of ‘Widespread Collapse of American Agriculture’
A bipartisan group of former leaders of America’s major agricultural commodity associations and biofuels organizations, farmer leaders, and former senior USDA officials sent congressional ag leaders a letter on Tuesday…
Treasury Releases Proposed 45Z Clean Fuels Credit Rule
The U.S. Treasury Department on Tuesday issued a proposed rule governing how biofuel makers can access a $1-per-gallon tax credit for low-carbon transportation fuels, including aviation fuel. The rule was…
EPA Affirms Farmers’ Right to Repair Equipment
Farmers and repair shops are allowed to temporarily override emission control systems for repair purposes, according to guidance issued by the Environmental Protection Agency Monday.
House Ag Chair Aiming for Late February Farm Bill 2.0
House Agriculture Chair G.T. Thompson has tentatively scheduled a farm bill markup for the week of Feb. 23, according to three people familiar with the plans.
ADM Settles Accounting Probe, Tyson Settles Price Fixing Claims
Archer-Daniels-Midland Co. agreed to pay $40 million to settle a two-year federal investigation into the crop giant’s accounting practices that eroded faith in the company’s transparency. Separately, Tyson Foods has…


















