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Around the County

Frequent information updates for agricultural audiences

Online Crop Insurance Decision Tools Updated - from Gary Schnitkey

Posted by John Fulton -
A completely revamped crop insurance section of the University of Illinois farmdoc website is being released today along with two new...

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Weak export demand continues to contribute to low corn prices - from Darrel Good

Posted by John Fulton -
The high corn prices of late 2010 through mid-2014 were associated with a combination of strong demand resulting from growing ethanol production, high livestock prices, and reduced supply resulting from the small U.S. corn crops of 2010, 2011, and especially 2012. According to a University of Illinois agricultural economist, the lower prices of the past 17 months that continue today are the res...

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2015 Projected Net Incomes on Illinois Grain Farms - from Gary Schnitkey

Posted by John Fulton -
In 2015 and 2016, average net incomes on grain farms in Illinois are projected at levels similar to those from 1998 through 2002, the last time very low incomes occurred in agriculture. Current projections place average net income on Illinois grain farms at about $20,000 per farm, considerably below the $104,000 per farm average for 2014. At current projections of commodity prices,...

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Estimates of 2015 ARC-CO Payments - from Gary Schnitkey

Posted by John Fulton -
Many farmers will place estimates of 2015 Agricultural Risk Coverage - County Option (ARC-CO) payments on the 2015 income statement as revenue, resulting in an accrued ARC-CO payment on their balance sheets. Having a reasonable estimate of ARC-CO payments will aid in these income and balance sheet valuations. At this point, there is a great deal of uncertainty about 2015 ARC-CO payments. S...

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2016 Illinois State Fair Junior Show Age Eligibility Rules

Posted by John Fulton -
While it may seem a little bit off topic, there have been many questions concerning eligibility for exhibition in the Junior Show at future State Fair Opportunities. Many questions have come to us concerning livestock exhibition, particularly for youth who are beyond the 4-H enrollment age. Here is a synopsis of eligibility rules for the 2016 fair:...

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2015 University of Illinois Variety Yield Trial Data

Posted by John Fulton -
The 2015 Yield Trial information has now been added to the variety testing program information website. You simply click on the tab for the crop you want, and select the type of file by the region of the state and year. The site is at: http://vt.cropsci.illinois.edu/...

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Hartsburg Field Cover Crop Demonstration Update

Posted by John Fulton -
Here is a set of updated photos from the Hartsburg Field cover crop strip demonstration taken October 16, 2015. Below is the seeding information from the September 17 seeding. Lack of moisture is severely impacting some of the seedings. Cover Crop # Seed used # Oats used Acres Applied...

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