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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 (4) compare crop rotations.

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Latest farmdoc Daily Articles

No Change in Illinois Farm Real Estate Values for 2019

Each year the National Agricultural Statistics Service of the USDA releases estimated average farm real estate values by state.  The estimates are based on surveys of farmers from selected geographical areas.  The surveys follow strict statistical guidelines.  Estimated values maybe…

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Perspectives on 2019 Corn and Soybean Acres: Impact of Prevent Plant

The Farm Service Agency (FSA) of the U.S. Department of Agriculture released county acreages for crops and prevent plantings based on acreage reports filed by farmers. Even though prevent plant totaled 19 million acres in the United States, planted corn…

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The State of Soybean in Africa: Agronomy in African Smallholder Systems

Low input use in African soybean systems limits productivity and ultimately, reduces profitability in smallholder farming systems. Phosphorous and inoculum are both critical components of soybean yield maximization, yet many farmers are reluctant to invest in inputs due to high…

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Adverse Corn and Soybean Price Scenarios for 2020 and 2021

Prospects are that soybean prices will continue to be low over the next several years, leading to a period of lower farm incomes.  Even given those prospects, prices could go even lower causing more financial stress to develop.  Herein, we…

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August USDA Reports

The highly anticipated August Crop Production report contained a larger than expected production forecast for the 2019 U.S. corn crop. Soybean production came in lower on smaller acreage.

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The State of Soybean in Africa: Soybean Diseases

USAID’s Feed the Future Lab for Soybean Value Chain Research, aka the Soybean Innovation Lab (SIL), is a research for development project begun in 2013. The team of 40 US researchers work in 17 countries, most of which are in…

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Latest Farm Policy News Articles

Recent Perspectives on U.S. Farmland Values

On Thursday, the Federal Reserve Bank of Chicago released a report providing an outlook on farmland values and agricultural credit conditions for the second quarter of 2019.  Recall that other Federal Reserve Districts released similar reports last week.  A summary…

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U.S. Backtracks on Some Chinese Tariffs Until December

On Tuesday, the Trump administration announced that some recently announced tariffs on Chinese imports would be postponed until December.  And a report this week indicated that the ongoing trade war continues to be a factor impacting the soybean market.

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U.S., China Trade War Persists as Markets Adjust and Farmers’ Concerns Grow

Today’s update features recent news items that provide background information into the long running U.S., China trade war.  Articles highlighting the trade conflict’s impact on agriculture, including ramifications on markets and farm income, are also included.

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Federal Reserve Ag Credit Surveys- 2019 Second Quarter Farm Economy Conditions

This week, the Federal Reserve Banks of St. Louis, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the second quarter of 2019.  And earlier this year, the Federal Reserve Bank of Dallas released…

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Trade War Escalates: China Halts Purchases of U.S. Farm Products

The U.S., China trade war escalated this week as news articles reported that China has halted its purchases of U.S. agricultural products.

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Farm Economy: Loan Repayment Rates, Debt, Bankruptcy, and Production Expenses

Recent news items have highlighted variables associated with the agricultural economy, including: loan repayment rates, debt levels, bankruptcy filings and agricultural production expenses.  Today’s update includes a brief recap of some of these articles and reports.

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