Management
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Corn and Soybean Crops Move Towards the Finish Line
After the worst start to a cropping season in decades due to the wet spring, lack of rain in parts of Illinois since early July , and season-long low crop ratings, it’s time to take a look at what comes…
Machinery Cost of Operations Estimates
Machinery Cost Estimates Summary
Field Operations
Harvest Operations
Forage Operations
Illinois Crop Budgets and Historic Returns
2020 Budgets For All Regions
This publication presents crop budgets for three regions in Illinois: northern, central, and southern Illinois. Central Illinois is further divided…
2019 Budgets For All Regions
2018 Budgets For All Regions
Historic Corn, Soybeans, Wheat and Double Crop Soybeans
2017 Budgets For All Regions
2016 Budgets For All Regions
2013 – 2016 Budgets For All Regions
Cost to Produce Corn and Soybeans in Illinois
IL Farmland Leasing and Rental Forms
Crop Share Lease Form – PDF
Fixed Cash Rent Lease Form – Short Form – PDF
Livestock Share Lease Form – PDF
Pasture Lease Form – PDF
Farmland Leasing Facts Sheets and Pricing Information
Variable Cash Rent Leasing Fact Sheet
Index Numbers of Illinois Farmland Values
Finance
Financial Characteritics of Illinois Farms
Credit Reports and Consumer Credit Scoring
Whole Farm and Other Reports
Summary of Illinois Farm Business Records
Farm Income and Production Cost Summary
Farm and Family Living Income and Expenses
Cost to Produce Beef in Illinois
Cost to Produce Milk in Illinois
Weekly Farm Economics: The Agricultural Risk Coverage — County Level (ARC-CO) Option in the 2018 Farm Bill
Farmers and landowners can now make the decision between farm programs, receiving commodity title payments from either Agricultural Risk Coverage at the county level (ARC-CO) or Price Loss Coverage (PLC) for each covered commodity with base acres on the farm;…
Farm Management in farmdoc
This is the fifth in a series of articles celebrating the 20th anniversary of farmdoc. A list of all nine articles in the series and authors can be found at the end of this article. It was the best of…
Introducing the Gardner-farmdoc Payment Calculator
The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) made revisions to the basic farm payment programs, Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC). With this article, the Gardner Agriculture Policy Program and the farmdoc project, with…
Adverse Corn and Soybean Price Scenarios for 2020 and 2021
Prospects are that soybean prices will continue to be low over the next several years, leading to a period of lower farm incomes. Even given those prospects, prices could go even lower causing more financial stress to develop. Herein, we…
Machinery Cost Estimates for 2019
Machinery cost estimates for agricultural uses have been updated for 2019. The last time machinery costs were released on farmdoc was in 2017. Between 2017 and 2019, most per acre costs increased between 7 and 9 percent.
The 2019 Market Facilitation Program
The U.S. Department of Agriculture has released payment rates and additional details for the 2019 Market Facilitation Program (MFP). Compared to 2018, the 2019 MFP will pay on more crops and have higher payment rates per acre. Payment limits are…
Corn and Soybean Crops Move Towards the Finish Line
After the worst start to a cropping season in decades due to the wet spring, lack of rain in parts of Illinois since early July , and season-long low crop ratings, it’s time to take a look at what comes…
Weekly Farm Economics: The Agricultural Risk Coverage — County Level (ARC-CO) Option in the 2018 Farm Bill
Farmers and landowners can now make the decision between farm programs, receiving commodity title payments from either Agricultural Risk Coverage at the county level (ARC-CO) or Price Loss Coverage (PLC) for each covered commodity with base acres on the farm;…
Law and Taxation: A Retrospective of 20 Years
In many respects, the development of law is an evolutionary process, adjusting slowly to the evolving needs and values of society. Certainty and stability with respect to property rights, regulatory programs and the tax structure provide a solid foundation for…
Farm Management in farmdoc
This is the fifth in a series of articles celebrating the 20th anniversary of farmdoc. A list of all nine articles in the series and authors can be found at the end of this article. It was the best of…
The State of Soybean in Africa: Soybean Prices
Obtaining soybean price data at either the farm gate or wholesale levels remains elusive in Sub-Saharan Africa because markets are immature, the crop is new, and data collection is relatively costly. Additionally, regional within-country price data are especially hard to…
The State of Soybean in Africa: Soybean Costs of Production
We discuss in Goldsmith and Montesdeoca (2017) the productivity of soybean systems in the tropics. Tropical soybean yield and profitability can compare favorably to the production systems of the temperate Midwest US and the sub tropics of southern Brazil and…