Editor's Picks
Tag: farmdocDaily
US Crop Safety Net Policy since 1975 as a Margin Safety Net Dec 12, 2022
Considerable interest exists in margin farm safety net programs, where margin is return minus cost. This analysis however finds that the crop safety net has provided substantial margin protection since […]
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 […]
U.S. Farm Sector Financial Performance Nov 8, 2022
Metrics that can be used to measure farm profitability include earnings before interest, taxes, and amortization (EBITA), net farm income, the operating profit margin ratio, return on assets, and return […]
Farm Safety Net: 2021 PLC, ARC Payments and Outlook for 2022 and 2023 Oct 28, 2022
The Farm Service Agency (FSA) recently released all the information necessary to calculate 2021 commodity title payments. For 2021, Price Loss Coverage (PLC) did not make payments for corn, soybeans, […]
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% […]
Oct. WASDE Recap: Corn and Soybeans at a Turning Point Oct 19, 2022
On Wednesday, October 12, the USDA released its latest World Agricultural Supply and Demand Estimates, or WASDE. The WASDE report provides an updated point of reference for agricultural commodity price […]
Supreme Court Returns to “Waters of the U.S.” Definition – A Congressional Perspective Oct 14, 2022
On Monday, October 3, 2022, the Supreme Court began its new term by hearing oral arguments over the Clean Water Act’s troubled definition of navigable waters in the case, Sackett v. […]
U.S. Farm Sector Balance Sheet Markedly Improved Over 2020 Oct 10, 2022
U.S. farm equity in 2022 is 27.7% higher than it was in 2017 and 42.7% higher than it was in 2012. During the last 10 years, net farm income was […]
Margin Protection – Chasing the Cost of Production Across Regions Oct 7, 2022
High input costs have reinvigorated arguments in Congress for farm support programs where payments are triggered when the cost of production rises. Historically, cost of production has been a focus […]
