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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 Summary of Business Tool
This program calculates crop insurance historical use and performance back to 1996.
ECO/SCO Payment Estimator
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…
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Latest farmdoc Daily Articles
Farm Machinery Demand Remains Weak as Manufacturers Manage Production
The U.S. farm machinery and equipment market continues to face weak demand despite some improvement in manufacturing production. Together, these indicators suggest that progress in adjusting production and inventories has not yet translated into a sustained recovery in equipment purchases. A stronger recovery will likely depend on improved farm profitability and greater confidence in committing funds to equipment replacement.
Agricultural Conservation: Is Measurement the Missing Link to Increased Investment and Adoption?
Over the last three decades, there has been substantial change in ag production practices. Currently, information and communication technology-enhanced methods and practices are being developed and tested that have the potential to substantially impact adoption of conservation practices. Could these and their associated advances in measurement foster similar levels of change in the adoption of conservation practices?
2026 Area Add-On Insurance Purchases by US Farmers
Over the last two years, administrative actions and the 2025 Farm Bill have raised to 80% the federal premium subsidy rate for area insurance added on top of individual farm insurance. Farmers responded. For the crops that USDA reports a cost of production (barley, corn, cotton, oats, peanuts, rice, sorghum, soybeans, wheat), all acres insured in all area add-on insurance products increased by 146 million acres between the 2024 and 2026 crop years.
Sulfur and Increasing Phosphate Fertilizer Prices
Fertilizer price increases associated with the conflict in Iran seem likely to result in higher fertility costs for farmers for the 2027 crop year. Much attention has been given to higher nitrogen fertilizer prices. Prices for phosphate fertilizers, such as Diammonium Phosphate (DAP), have also been increasing. Today’s article links the increases in phosphate fertilizer prices to the significant increase in the price of sulfur, a primary input to the production of phosphate fertilizer products.
Illinois Farm Real Estate Values Increase Six Years in a Row
The average farm real estate value for Illinois in 2026 was $9,250 per acre. This includes the value of all land and buildings used for agricultural production. The figure was 3.6% higher than the 2025 average of $8,930 per acre. This is the sixth year in a row of at least a 2.4% increase since 2020. During the last six years, there has been a steadier increase of 2.4% to 3.6 % increase, except for 2022 with a 10.5% increase.
How Farmer Sentiment Compares in the United States and Argentina
The comparison of two ag economy barometers shows that farmers in the United States and Argentina entered mid-2026 with different views of the years ahead. Argentine producers expressed a more favorable outlook for the crop sector and were more likely to expect farmland prices to increase, while livestock expectations were positive in both countries. At the same time, producers shared several concerns about farm finances, especially high input costs, low commodity prices, and weather risk.