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Adjusting NASS County Yields to Estimate 2019 ARC-CO Payments

Last week, USDA’s National Agricultural Statistics Service (NASS) released county yield estimates which we are now using to estimate 2019 ARC-CO payments for corn and soybeans. Recognizing that NASS yield data will not be the primary source of information used…

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Illinois Farm Management Handbook

Machinery Cost of Operations Estimates

Machinery Cost Estimates Summary

Summary of costs for Field Operations, Havest Operations, Tractor and Forage Operations.
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Field Operations

This publication shows estimated costs of performing agricultural field operations.
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Harvest Operations

This publication shows estimated costs for combining, using grain carts, and hauling grain.
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Tractor Costs

Shows estimated costs for different sized tractors
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Forage Operations

This publication shows estimated costs for owning and operating forage machinery.
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Illinois Crop Budgets and Historic Returns

2017 Budgets For All Regions

This publication presents crop budgets for three regions in Illinois: northern, central, and southern Illinois.
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2016 Budgets For All Regions

This publication presents crop budgets for three regions in Illinois: northern, central, and southern Illinois.
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2013 – 2016 Budgets For All Regions

This provides summary cost of production budgets for corn and soybeans. Results are included for all regions in Illinois.
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Cost to Produce Corn and Soybeans in Illinois

The total of all economic costs per acre for growing corn and soybeans in Illinois.
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IL Farmland Leasing and Rental Forms

Farmland Leasing Facts Sheets and Pricing Information

Cash Rent Leasing Fact Sheet

Facts on Cash Rent leases.
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Share Rent Leasing Fact Sheet

Facts on Crop Share leases.
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Variable Cash Rent Leasing Fact Sheet

Summary of statistical data on variable case rent leases in Illinois.
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Illinois County Average Cash Rents (NASS)

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Finance

Financial Characteritics of Illinois Farms

This report is based on data obtained from farm business records on Illinois farms. It is an annual summary of such records obtained from farmers cooperating with University of Illinois Extension, the Department of Agricultural and Consumer Economics, and the…
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Credit Reports and Consumer Credit Scoring

This report is based on farm income and earnings data on Illinois farms. It is an annual summary of such records obtained from farmers cooperating with University of Illinois Extension, the Department of Agricultural and Consumer Economics, and the Illinois…
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Whole Farm and Other Reports

Summary of Illinois Farm Business Records

This report is based on farm income and earnings data on Illinois farms. It is an annual summary of such records obtained from farmers cooperating with University of Illinois Extension, the Department of Agricultural and Consumer Economics, and the Illinois…
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Farm Income and Production Cost Summary

This report summarizes farm income and earnings for FBFM enrolled farms for 2012-2016.
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Farm and Family Living Income and Expenses

Summary of annual capital and noncapital family living expenditures and income and social security tax payments.
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Cost to Produce Beef in Illinois

Report with summary of cost to produce beef in Illinois.
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Cost to Produce Milk in Illinois

Report with summary of cost to produce milk in Illinois.
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Weekly Farm Economics

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Adjusting NASS County Yields to Estimate 2019 ARC-CO Payments

Last week, USDA’s National Agricultural Statistics Service (NASS) released county yield estimates which we are now using to estimate 2019 ARC-CO payments for corn and soybeans. Recognizing that NASS yield data will not be the primary source of information used…

read more

Multi-farm ARC-IC Tool and Other ARC-IC Information

Agricultural Risk Coverage at the Individual Level (ARC-IC) will make payments in 2019 for farms that are entirely prevented plant or farms with low yields. ARC-IC combines all Farm Service Agency (FSA) farms within a state for one individual payment…

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Strategies for Using ARC-IC

Strategies for evaluating Agricultural Risk Coverage at the Individual level (ARC-IC) are discussed in this article given that 2019 farm yields are known and can aid in making decisions. We suggest estimating 2019 ARC-IC payments for each FSA farm and…

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ARC-IC: Payment Examples and Revised 2019 ARC-IC Payment Calculator

Agricultural Risk Coverage at the Individual Level (ARC-IC) will be an attractive alternative for farmers who had FSA farms that were completely prevented plant or had low yields in 2019. In this article, we show that a $24 per base…

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Yields Below Which ARC-CO Will Make Payments

This article shows break-even county yields below which Agricultural Risk Coverage at the County Level (ARC-CO) will make payments in 2019. Break-even yields are calculated at USDA’s January estimates of Market Year Average (MYA) prices: $3.85 per bushel for corn,…

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Expected Payments on ARC-CO and PLC: Update of Gardner Payment ARC/PLC Payment Calculator

After the release of the January WASDE report, the Gardner ARC/PLC Payment Calculator was updated to reflect revised price information for the 2019 and 2020 years. Herein updated estimates of Agricultural Risk Coverage at the County Level (ARC-CO) and Price…

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Management Articles

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Adjusting NASS County Yields to Estimate 2019 ARC-CO Payments

Last week, USDA’s National Agricultural Statistics Service (NASS) released county yield estimates which we are now using to estimate 2019 ARC-CO payments for corn and soybeans. Recognizing that NASS yield data will not be the primary source of information used…

read more

Multi-farm ARC-IC Tool and Other ARC-IC Information

Agricultural Risk Coverage at the Individual Level (ARC-IC) will make payments in 2019 for farms that are entirely prevented plant or farms with low yields. ARC-IC combines all Farm Service Agency (FSA) farms within a state for one individual payment…

read more

Phytophthora in Illinois Soybean Production

The oomycete Phytophthora sojae, is a soil borne organism which is the predominant cause of Phytophthora root rot in soybeans. Believe it or not, P. sojae is fairly prevalent in Illinois, and under the correct conditions, this disease can result…

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Strategies for Using ARC-IC

Strategies for evaluating Agricultural Risk Coverage at the Individual level (ARC-IC) are discussed in this article given that 2019 farm yields are known and can aid in making decisions. We suggest estimating 2019 ARC-IC payments for each FSA farm and…

read more

Prospects for Swine Feed Costs in 2020

Principal crops planted in the United States declined from 319.3 million acres in 2018 to 302.6 million acres in 2019, a decline of 16.7 million acres. Assuming that we return to a more normal prevent plant year, planted acreage will…

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ARC-IC: Payment Examples and Revised 2019 ARC-IC Payment Calculator

Agricultural Risk Coverage at the Individual Level (ARC-IC) will be an attractive alternative for farmers who had FSA farms that were completely prevented plant or had low yields in 2019. In this article, we show that a $24 per base…

read more

Management Publication Archives

Farm Economics Facts & Opinions (FEFOs)

Management archives include Farm Economics Facts & Opinions (FEFO) articles. The FEFO series was published from 2000-2010. It is the predecessor to the current Weekly Farm Economics series.

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