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Compares the risks and returns of different leases.
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US Average Farm Price Received Database

Average farm price received data, for multiple commodities, in the US for the period 1960 to present. File is Microsoft Excel format.
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Latest farmdoc Daily Articles

A Tough Nut to Crack: When Do Weekly USDA Crop Condition Reports Become Reliable for Predicting Peanut Yields?

Peanuts are a privately traded commodity with limited published yield-forecasting research, despite being the seventh most valuable U.S. field crop (USDA NASS 1999). For peanut stakeholders, a critical question is how early these weekly USDA snapshots can reliably predict what will eventually arrive at the buy points and shellers. This work extends to peanuts the methodological framework applied to corn and soybeans by Irwin and Good and Irwin and Hubbs and draws directly from Cunningham.

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Conservation & Risk, Part 2: Examining the Spring Planting Window in Illinois

Based on crop insurance, the spring planting window in Illinois for corn is 61 days for corn and soybeans, longer in the southern region and shorter in the northern third of the State. It is arguably the most critical window in the entire crop year, with the likelihood that delayed planting will result in lower yields. To address questions of risk and conservation, we began by exploring this all-important spring planting window and this article examines the days suitable for fieldwork in that window.

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Spring Revision to 2026 Illinois Crop Budgets

Revisions to 2026 Illinois crop budgets are provided along with updates to return estimates for the 2025 crop year. Return projections for 2026 are higher because of increases in expected…

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Comparing Corn Production Costs and Returns in the United States and Brazil

Brazil’s expansion in corn production over the last decade has made the country a more important competitor in global markets, increasing competitive pressure for US producers. Although the US remains the world’s largest corn producer by a wide margin, Brazil has become a more prominent competitor mainly due to the growth of second-crop corn planted after soybeans. Using standardized economic data, this article compares corn production costs and returns in the US and Brazil from 2020 to 2024.

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Costs and Returns for Illinois Beef Producers in 2025

Total economic returns in 2025 for Illinois beef feeding enterprises exceeded total costs by $35.98 per 100 pounds of beef produced in preliminary findings for farms enrolled in Illinois Farm Business Farm Management. The 2025 returns were higher than the 2024 total returns above feed costs of $17.30 per 100 pounds produced. Total returns have exceeded total economic costs in five out of the last ten years.

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2025 ARC/PLC Final Estimates

In this article, we update estimates for the 2025 Agricultural Risk Coverage and Price Coverage Loss payments per base acre for corn, soybean and wheat. These payments are scheduled to be received in October 2026. Recently released NASS county yields and Market Year Average (MYA) price estimates from the May 12 WASDE report are used in a simulation model to estimate 2025 payments. Across the U.S., estimated payments average $58 per base acre for corn, $29 for soybeans, and $47 for wheat.

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Latest Farm Policy News Articles

China’s Retaliatory Tariffs Cost US Ag Exporters $15 Billion, Study Says

China’s retaliatory tariffs on U.S. agricultural goods wiped out an estimated $14.9 billion in export sales over a 12-month period, according to a new North Dakota State University analysis, with…

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Trump Defends Chinese Purchases of U.S. Farmland

President Donald Trump defended Chinese purchases of U.S. farmland during a trip to Beijing (last) week, arguing that restricting foreign ownership would hurt American farmers by driving down land values.…

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Accelerated Permitting, Grant Program to Boost Domestic Fertilizer, USDA Says

The United States Department of Agriculture is taking new steps to expand domestic fertilizer production, Secretary Brooke Rollins said at a press conference Tuesday, including accelerated permitting and the reviving…

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Deere Right-to-Repair Settlement Gets Preliminary Approval

A federal court on Monday granted preliminary approval to John Deere’s proposed antitrust settlement with farmers who filed right-to-repair lawsuits, giving producers until September 2026 to file objections. At the…

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China to Buy $17 Billion in US Farm Goods Annually

China will purchase at least $17 billion in U.S. agricultural products annually through 2028, in addition to soybean commitments already agreed to, the White House said in a fact sheet…

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US Expects “Double-Digit Billions” of Ag Purchases from China

The United States expects China to sign up to buy ‘double-digit billions’ worth of U.S. farm goods following a summit between Presidents Donald ​Trump and Xi Jinping in Beijing, U.S.…

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