Periods of high nitrogen fertilizer prices bring scrutiny to firms who make nitrogen fertilizer and retailers who sell nitrogen fertilizer. There are four major nitrogen fertilizer companies in North America (see farmdoc daily, April 5, 2022). Typically, agricultural retailers...
As previously discussed, farmland prices continued to rise in 2022 after significant increases in 2021. During the past few months, top prices that were paid for good cropland have reached: *$20,000 to $25,000 range per acre in Illinois and Iowa, *$16,000...
Data from the Illinois Farm Business Farm Management (FBFM) Association provides insights into leasing arrangements in Illinois.  Table 1 contains data summarized from Illinois grain farms enrolled in FBFM.  These farms receive most of their farming income from grain...
Alfalfa has been quite slow to reach the bud or bloom stage for typical South Dakota first cutting timing. If it’s been dry (or at least dry early in the growing season) and temperatures have been below normal, there...
By Todd Janzen, I recently replaced the CD player on my 1999 Toyota Landcruiser with a modern Apple CarPlay equipped stereo. My old SUV now displays the latest iPhone apps when I drive on the stereo’s LCD screen. CarPlay works...
A key pricing variable for US corn and soybeans planted in 2022 is the acres elected into crop insurance prevent plant program.  US planting progress as of June 5 is assessed.  Historical relationships estimate prevent plant acres in 2022...
Preliminary Results Soil nitrate tests taken over the last week have showed elevated soil nitrate levels. This is true for sites that had received either manure or fertilizer N. The number of fields sampled to date is not large, so...
Distiller’s dried grains (DDGs) are a co-product of dry-milled ethanol production.  U.S. ethanol plants have the capacity to produce more than 17 billion gallons of ethanol and 35 million tons of DDG (Ag MRC).  DDGs from corn contain, on...
Corn and soybean prices for 2022 fall delivery are at high levels. During the first two weeks in May, fall delivery bids in central Illinois averaged $7.39 per bushel for corn and $14.52 for soybeans. Significant changes in prices...
The focus of my 2021 Farm Foundation Agricultural Economics Fellowship was on agricultural carbon markets. Concurrently, I collaborated with a team of Iowa State University researchers tasked with assessing the science gaps that must be addressed to foster a...
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