Editor's Picks
Tag: farm economics
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 […]
Grain Farm Income Projections for 2022 and 2023 Nov 16, 2022
Grain farm incomes have been above average in 2020 and 2021 and are projected to remain above average in 2022. For 2023, projections are for lower incomes because of higher […]
Illinois: Revenue Protection- The Most Used Crop Insurance Product Nov 18, 2020
There has been a great deal of innovation in the crop insurance industry since the early 1990s. New products have been introduced, subsidy rates have been increased, and farmers have […]
Illinois: Agronomy Day, Savoy, August 18 Apr 19, 2016
Mark your calendars for an opportunity to explore the latest research in crop sciences during the 59th annual Agronomy Day at the University of Illinois on August 18. “Agronomic research […]
Cash Rents: Taking Losses on Farmland to Avoid Losing It – DTN Oct 13, 2015
Many farmers are very reluctant to give up rented farmland because of high cash rents. Doing so foregoes future returns it economic conditions improves, as farmers giving up farmland have […]
Illinois: Gross Returns Divided by Economic Costs – farmdocDaily Mar 20, 2015
Typically to measure farm profitability one would subtract expenses from income to arrive at a dollar value of profitability. But comparing farms of different sizes and types is difficult using […]
