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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…
US Average Farm Price Received Database
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Planting Decision Model
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Latest farmdoc Daily Articles
Grocery Bills and the 2026 Midterm Elections
Introduction U.S. midterm elections, the elections that occur halfway through a president’s four-year-term, are on the horizon. This November, Americans will be asked to cast ballots across the country and…
Historical Corn versus Soybean Returns in Illinois
Average per acre returns to soybean production have exceeded those for corn production in 10 out of the 13 crop years from 2013 to 2025. The opposite was true over…
Concentration and Monopoly Pricing: What Economics Tells Us
The US has entered one of its reoccurring eras of concern over concentrated markets and what economists call monopoly pricing. Three intertwined lessons from the long history of market concentration and monopoly pricing in public policy and economic thought are discussed: (1) monopoly pricing depends on barriers to market entry not number and size of firms, (2) entry barriers come in many forms, and (3) reducing monopoly pricing can lead to higher prices and less production.
Conservation & Risk, Part 3: Exploring the Risk-Payment Gap
Conservation practices operate within dynamic biological, operational, and economic systems shaped heavily by weather variability. Previous articles in this series explored how spring planting windows and fieldwork conditions may alter risks associated with timing-sensitive conservation practices such as cover crops. This article extends that discussion by comparing those potential risks with conservation incentive payments.
Latest Farm Policy News Articles
China Placing New US Soybean Orders, USDA’s Vaden Says
Deputy Agriculture Secretary Stephen Vaden said he expects China to honor its pledge to buy more American soybeans this year. Vaden said at The Wall Street Journal’s Global Food Forum…
Trump Cuts Tariffs on Ag Equipment to 15%
President Donald Trump on Monday moved to reduce tariffs on heating and cooling equipment and certain heavy industrial and agricultural goods, as well as cutting levies on products from abroad…
FTC Confirms Probe of Rising Fertilizer Prices
The Federal Trade Commission recently launched an antitrust investigation into the rising costs of fertilizer in the US, the agency’s head said at an event in Texas on Thursday.