Latest in Management
Making CFAP Applications for Grain Farms
The Coronavirus Food Assistance Program (CFAP) will provide payments to producers of agricultural commodities suffering losses due to the Coronavirus and COVID-19 control measures. Herein, we discuss the CFAP application process, building on general information provided in a May 22,…
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
Livestock Share Lease Form – PDF
Fixed Cash Rent Lease Form – Short Form – PDF
Pasture Lease Form – PDF
Illinois Cash Farm Lease Form – PDF
The lease form represents a basic model for an agricultural lease. The parties to the lease or their legal counsel…
Conservation Habitat Addendum – PDF
Nutrient Management Addendum – PDF
Soil Health and Conservation Addendum – 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
Making CFAP Applications for Grain Farms
The Coronavirus Food Assistance Program (CFAP) will provide payments to producers of agricultural commodities suffering losses due to the Coronavirus and COVID-19 control measures. Herein, we discuss the CFAP application process, building on general information provided in a May 22,…
Would Commodity Title Choices Change Given COVID-19?
The Coronavirus pandemic and COVID-19 control measures have resulted in dramatically lower commodity prices, leading to questions about whether commodity program selections would be different after COVID-19. Herein we present an analysis of Price Loss Coverage (PLC) and Agricultural Risk…
Pandemic Relief Update: Economic Injury Disaster Loan Program
The most recent legislation enacted by Congress for relief during the Covid-19 pandemic has clarified that farmers are eligible for a low interest, non-forgivable loan of up to $150,000. Farmers and other agricultural businesses who apply for the loan can…
2019 Commodity Title Payments – Updates for Corn and Soybeans with Lower MYA Prices
Expectations for 2019 commodity title payments continue to increase as projections for 2019 market year average prices decline. Herein we provide an update of 2019 commodity title payments for corn and soybeans given these MYA price declines.
Estimates of MYA Prices for 2019 thorough 2021, Pre and Post COVID-19, Corn and Soybeans
The impact of COVD-19 on cash prices for the 2019 through 2021 marketing years is estimated. These pre and post COVID-19 cash price projections, with revisions as warranted, will serve as a foundation to more formally access the damage done…
WHIP+: Farm Aid for Losses Due to Natural Disasters
Producers who experienced yield losses due to drought or excess moisture in 2019 may be eligible for disaster assistance through the United States Department of Agriculture (USDA) Wildfires and Hurricane Indemnity Program Plus (WHIP+). For Illinois farmers, WHIP+ may provide…
Making CFAP Applications for Grain Farms
The Coronavirus Food Assistance Program (CFAP) will provide payments to producers of agricultural commodities suffering losses due to the Coronavirus and COVID-19 control measures. Herein, we discuss the CFAP application process, building on general information provided in a May 22,…
Would Commodity Title Choices Change Given COVID-19?
The Coronavirus pandemic and COVID-19 control measures have resulted in dramatically lower commodity prices, leading to questions about whether commodity program selections would be different after COVID-19. Herein we present an analysis of Price Loss Coverage (PLC) and Agricultural Risk…
Cost to Produce Corn and Soybeans in Illinois—2019
In 2019, the total of all economic costs per acre for growing corn in Illinois averaged $878 in the northern section, $912 in the central section for farmland with “high” soil ratings, $887 in the central section for farmland with…
Replanting Corn and Soybeans
Both corn and soybean planting have progressed at about normal rates in Illinois this spring, with 68 percent of the corn crop and 43 percent of the Illinois soybean crop planted by May 10. Both of these numbers are higher…
Pandemic Relief Update: Economic Injury Disaster Loan Program
The most recent legislation enacted by Congress for relief during the Covid-19 pandemic has clarified that farmers are eligible for a low interest, non-forgivable loan of up to $150,000. Farmers and other agricultural businesses who apply for the loan can…
Impact of COVID-19 on Cattle Finishing Net Returns
COVID-19 has resulted in a dramatic decline in fed cattle prices putting a damper on net return prospects for 2020. In a farmdoc article published in early January, we were expecting net returns to average approximately $40 per head in…