Category: Illinois
Net Returns to Carbon Farming Tool Allows Producers to Evaluate Contracts Jan 17, 2023
AMES, Iowa – Producers looking to calculate financial returns from carbon farming contracts can use a newly updated resource from Iowa State University Extension and Outreach. The Carbon Farming Decision […]
Historic Cost Declines After Price Declines Nov 25, 2022
Corn prices declined from high levels in 2012 to much lower levels in 2013 through 2019. In this article we examine production cost declines which occurred after the 2012 price […]
What Is Your Biggest Yield Robber? 3 Farmers Weigh In Nov 10, 2022
At first blush, water, or lack thereof, is the supreme bushel thief in the majority of corn and soybean fields. But, according to several farmers, the answer is not quite […]
Illinois: Fall-Applied Herbicides – Which Weed Species Should be the Target? Oct 28, 2022
Herbicides applied in the fall often can provide improved control of many winter annual weed species compared with similar applications made in the spring. Marestail is one example of a […]
When Creating 2022 Crop Budgets, Keep in Mind Family Living Costs Oct 24, 2022
In 2020, the total noncapital living expenses of 1,088 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) averaged $76,672–or about $6,400 a month for each family […]
Fall Anhydrous Applications and Profitability of the Precision Conservation Management Program Oct 22, 2022
As fall nitrogen application season approaches, we summarize the fall application practices on farms enrolled in Precision Conservation Management (PCM). Overall, 36% of fields in PCM receive at least 40% […]
Illinois: PACE and Nitrogen Fertilizer Strategies for 2023 Oct 12, 2022
Nitrogen fertilizer prices are high and volatile, leading to concerns about fertilizer costs moving into 2023. Farmers have several tools for managing risks, including the Post Application Coverage Endorsement (PACE), […]
Illinois Corn, Soybeans: Why Are the Crops Drying So Slowly? Oct 6, 2022
As corn approached maturity in early September, warm temperatures and forecasts for dry weather had us looking forward to an early start to harvest for the 2022 corn crop, and […]
Illinois: How Did Farms Fare Financially in 2021? Oct 1, 2022
Farm incomes in 2021 were much higher than the year before leading to stronger financial positions on Illinois farms. The Farm Financial Standards Council has identified several key measures to […]
Illinois: Fertilizer Prices, Rates, and Costs for 2023 Sep 30, 2022
While fertilizer prices have declined since spring, fertilizer prices remain high, and fertilizer costs are significantly higher than a year ago. Therefore, reducing rates where practicable seems prudent. Some fields […]