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Crop Insurance Summary of Business Tool
This program calculates crop insurance historical use and performance back to 1996.
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…
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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Crop Insurance Summary of Business Tool
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Latest farmdoc Daily Articles
Agricultural and Construction Machinery Manufacturing in the Midwest: Employment, Exports, and Economic Importance
Agricultural, construction, and mining machinery manufacturing remains an important link between the Midwest’s agricultural and manufacturing sectors. Farmers are more likely to purchase new equipment and replace older machinery when farm incomes are strong. Consequently, this industry is not only a key driver of Midwestern manufacturing competitiveness, but also an important indicator of the broader agricultural economy.
ARC-CO and PLC Payments: Improving Farmers’ Decision Making
As a group, US farmers’ decision on which commodity program to elect captured only about 67% of potential ARC-CO and PLC payments during the 2021-2024 crop years. This article proposes a simple decision guide that a “what if” analysis found would have captured around 93% of potential 2021-2024 crop year ARC-CO and PLC payments, compared to 67% actually paid to farmers, a substantial improvement.
Historic Corn and Soybean Profitability and 2027 Planting
Soon, the decision-making process for the 2027 crop will begin in earnest, and Midwest farmers will begin making acreage choices between corn and soybeans. Across all regions, soybeans have been more profitable than corn in most years since 2012. This history suggests that soybeans will be more profitable than corn in 2027 because crop prices likely will be near long-run averages, general cost inflation will increase corn costs more than soybean costs, and nitrogen fertilizer prices will be high.
Insured Acres, Base Acres, and the Farm Bill’s Crop Risk Assistance
The US farm bill crop safety net targets two risks. Crop insurance targets production-period low yield and revenue risk. Commodity programs target multiple-year low price and revenue risk. A farm…
Pesticide Problems, Part 2: Legislative History of the 1972 Amendments
Between a recent Supreme Court decision and controversial provisions in the unfinished Farm Bill considered in the House, normally obscure pesticide regulations have garnered an unusual amount of attention lately…
Latest Farm Policy News Articles
Now or Never for 2026 Farm Bill, Senate Ag Chairman Says
It’s now or never for the 2026 farm bill. That’s the urgent warning from Senate Agriculture Chairman John Boozman, R-Ark., as his committee prepares to take up a farm bill…
USDA Providing 60-Day Extension to Pay Crop Insurance Premiums
Farmers will get a two-month reprieve on their crop insurance premiums this year and USDA will also reinstate prevented planting buy-up coverage as well, Agriculture Secretary Brooke Rollins announced Tuesday.
ADM, Corteva Raise 2026 Profit Forecasts on Strong Processing and Seed Demand Outlooks
Major global agribusinesses over the past week have raised their 2026 profit forecasts on strong oilseed processing outlooks and strong demand across key crop markets, particularly in the United States.
US Cropland Tops $6,000 per Acre for First Time in 2026
U.S. farmland values continued to rise this year, with the average value of cropland topping $6,000 for the first time, while pastureland reached $2,000 an acre. Overall, farm real estate…
USDA to Fund $25 Million Sterile Fly Facility in Arizona
Reuter’s Tom Polansek reported that, “the U.S. Department of Agriculture will spend $25 million on a facility in Arizona to disperse sterile flies used to combat the flesh-eating livestock pest…
Farmers Spent $1.4 Billion More on Diesel During Planting Season
Successful Farming’s Mariah Squire reported that, “a new study by Joint Economic Committee Democrats found that farmers of key crops in the U.S. spent $1.4 billion more on diesel fuel…