Connect on Social Media
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…
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…
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…
Recent Features
Visit farmdoc Sections
Farm Projection Tool
Planting Decision Model
Index Numbers of Illinois Farmland Values
2019 Budgets For All Regions
Latest farmdoc Daily Articles
Trying to Picture a Base Acre Update Through a Hypothetical Change in 2025 Payments
Echoes of a failed vote on an unfinished Farm Bill can still be heard, although the rumble of much bigger news tends to drown them out. As just one example,…
Illinois Crop Budgets for 2027
Despite increases in projected production costs, particularly for fertilizers and fuel, improved pricing prospects for the 2026 and 2027 crop years result in higher per acre return projections compared with recent years. However, projected returns remain below longer-run averages. Downward price movements could quickly shift marginally positive projected returns back into the red. Pricing more than the usual amount of 2026 crop at harvest may be warranted given recent increases in prices.
The Other Base Update Issue: PLC Base Yield
Crop commodity program base acres have attracted considerable attention ever since their authorization in the 1980s (farmdoc daily, January 15, 2026; January 22, 2026; January 29, 2026; February 12, 2026;…
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.