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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
Planting Decision Model
Index Numbers of Illinois Farmland Values
2019 Budgets For All Regions
Latest farmdoc Daily Articles
ARC-CO and PLC Payments: Improving Farmers’ Decision Making
Crop farmers will have to choose a commodity program for the 2026 crop year. An annual decision was also made for the 2021-2024 crop years. Farmers’ choices for these four…
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…
Timely Payments: The Case for Commodity Programs That Pay at Harvest
Since 2019, ARC-CO (Agriculture Risk Coverage – county version) and PLC (Price Loss Coverage) payments have approximately followed market returns: large when market losses are large and small when markets…
Latest Farm Policy News Articles
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…
Corn Conditions Drop Amid Heatwave
AgWeb’s Tyne Morgan reported that, “triple-digit heat indices swept across the Midwest and Plains late last week and into the weekend, and the damage is already showing up in the…