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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…
Crop Insurance Decision Tool
This program calculates premiums, evaluates insurance payments, and provides historical data useful when making crop insurance decisions for multiple crops. Estimates are for crops in midwest and southeast states. Learn…
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…
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Latest farmdoc Daily Articles
The US No Loss Crop Sector Safety Net
Consistent with “Crop Loss” headlines dating to 2023, combined loss at harvest totaled $28.1 billion for producing the US 2025 cost of production crops (barley, corn, oats, peanuts, rice, seed cotton, sorghum, soybeans, wheat). However, all but $3.7 billion of this loss was covered by the US crop safety net. Moreover, the nine crops collectively broke even over the 2023-2025 crop years as $62.5 billion in safety net payments offset similar market losses at harvest.
Conservation Policy: The Baseline Shuffle and Tradeoffs in the Bardo
October marks the beginning of the federal fiscal year, which is payment season for farm policy (USDA, October 7, 2026; Farm Policy News, October 19, 2026). Payments are made in…
Diesel Fuel Price Impact on Fuel & Oil and Per-Acre Machinery Costs
Diesel fuel prices for agricultural use in Illinois have reached a record high. Those higher prices are estimated to raise fuel and oil costs on Central Illinois grain farms with…
Differences in Sentiment Among Corn and Soybean Producers
This article examines dispersion in producer sentiment, as measured by the Ag Economy Barometer (AEB) index, among survey respondents over time, and illustrated differences in sentiment and survey answers among corn and soybean producers using results from the September 2026 AEB survey. Dispersion of survey responses varies substantially over time but is in general negatively correlated with the AEB index.
Illinois Farm Financial Trends in 2025: Summary and Analysis
Farm incomes in 2025 were higher than in 2024, resulting in slightly stronger average financial positions for Illinois farms. However, after three years of lower incomes on grain farms before 2025, working cash has decreased almost 40% from 2022 on the average farm to 2020 levels. With projected continued lower incomes for the rest of 2026 and 2027, farmers will need to find ways to reduce costs while making efficient use of assets.