Brazilian farmers are on a trajectory to have the highest soybean return in history for the 2019/20 marketing year. Soybean prices have reached highs in recent months, caused by low domestic supplies and the depreciation of the Brazilian real...
The importance of safety on the farm can never be understated. These are vital conversations that need to be prioritized every day of the year. Whether you’re out on the roadways or working in the barn, it’s important to...
Illinois crop budgets for 2022 have been revised from their December release (farmdoc daily, December 7, 2021). Projected costs have been raised for 2022, and corn and soybean costs are at their highest in history. Positive farmer returns are...
This is a presentation summary from the 2020 virtual Illinois Farm Economics Summit (IFES). A video of the webinar and PowerPoint Slides (PDF) are available here. US farm policy has spent much of the past three years responding to two major...
Markets typically do not like uncertainty and commodity markets are no exception. The chart below depicts the effect on grain prices during times of uncertainty in world events over the past seventeen years. Grain prices normally rise during these times...
Farming is a capital intensive venture with specialized equipment needed for various field operations, including several different implements used for tillage. Machinery ownership and labor can be costly. Two methods for managing tillage costs are to 1) reduce tillage...
Gary Schnitkey, Nick Paulson, and Krista Swanson Department of Agricultural and Consumer Economics University of Illinois Carl Zulauf Department of Agricultural, Environmental and Development Economics Ohio State University Russia’s invasion of Ukraine has created turmoil in all markets, including agriculture....
Home › Newsroom › Commentaries › A harvest tail end reminder to practice road safety Commentaries A harvest tail end reminder to practice road safety Posted on 29 October 2020 in Commentaries By Rejean Pommainville, Director, Ontario Federation of Agriculture As we near...
Not too many years ago, the ag retail industry was in panic mode. At that time, Farmers Business Network and other new Web-based start-ups were offering to sell crop inputs directly to grower-customers using the Internet, at cheaper prices...
Do you know where your food comes from? It’s a simple question with a surprisingly complex answer. Our food security and the economies that rely on it are dependent on a complicated agricultural supply chain – one that starts...
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