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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

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.

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The Clean Fuel Production Tax Credit (45Z); Introductory Discussion

The Clean Fuel Production Credit, enacted in the Inflation Reduction Act and often referred to simply as “45Z,” remains the subject of much attention. For farmers, interest has centered on the possibility that “low carbon” grain could receive price premiums if biofuel producers begin to place greater value on feedstocks with lower carbon intensity scores. This article begins a discussion of the 45Z tax credit with particular attention to potential impacts for Midwest corn and soybean farmers.

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Consolidation Trends in the U.S. Nitrogen Fertilizer Industry

The conflict with Iran has renewed interest in the U.S. fertilizer industry and the impacts on pricing associated with increased consolidation. Domestic fertilizer production is controlled by a relatively small number of manufacturers such that current Department of Justice guidelines would classify the U.S. fertilizer sector as highly concentrated. We examine how consolidation among manufacturers has evolved over the past few decades and discuss its broader implications for U.S. agriculture.

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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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Latest Farm Policy News Articles

Farm Bankruptcies Hit Six-Year High in April

During the month of April, 62 bankruptcies were launched under Chapter 12, a 130% jump from April 2025 and the highest monthly total since February 2020. That figure is also…

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Lawmakers Target Meatpacker Consolidation Amid High Prices

Sen. Chuck Schumer on Friday introduced legislation aimed at lowering grocery prices by increasing competition in the meatpacking industry, arguing that consolidation among the nation’s largest meat companies has contributed…

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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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