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Around the County

Frequent information updates for agricultural audiences

Cutting $100 per Acre in Costs for Corn and Soybeans - from Gary Schnitkey

Posted by John Fulton -
Background Budgets for 2016 suggest that farmers need to cut costs to avoid large losses on cash rent farmland. Table 1 shows a 2016 corn budget for farmland producing 200 bushels per acre. Gross revenue of $800 is projected, consisting of $750 of crop revenue and $50 of ARC payments. The $750 of crop revenue equals 200 bushels per acre yield times a $3.75 per bushel se...

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Waters of the United States (WOTUS) takes effect today in Illinois - from Teresa Steckler

Posted by John Fulton -
In the courts, two of the three federal district court judges in Georgia and West Virginia refused to block WOTUS from taking effect. One of the cases was brought by a coal company, the other by a group of 12 states. A third federal court judge in North Dakota issued a preliminary injunction blocking implementation of WOTUS in 13 states west of the Mississippi. In his ruling, Judge Ralph Erickson...

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2015 Logan Crop Tour

2015 Logan County Farm Bureau Young Leaders Crop Tour Results

Posted by John Fulton -
August 25, 2015 –The Logan County Farm Bureau Young Leaders Group conducted their 1st annual crop tour on the 20th of August. The mission of the crop tour was to evaluate the overall condition of the corn crop in Logan County. Eli Klokkenga and Matt Wrage spear headed the crop tour with consistency and accuracy in mind. Mother Nature plays an important role in the production of a c...

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The Real Price of Crude Oil and Gasoline - from Scott Irwin

Posted by John Fulton -
The crash in crude oil and gasoline prices that began in the summer of 2014 has, rightfully, been the subject of a great deal of discussion (Figure 1). We have examined the potential impact of the decline on the competitive position of ethanol in gasoline blends and ethanol production profitability in a series of farmdoc daily articles (...

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Illinois Farm Real Estate Stable for 2015 - from Bradley Zwilling

Posted by John Fulton -
Each year the National Agricultural Statistics Service of the USDA releases estimated average farm real estate values by state. The estimates are based on surveys of farmers from selected geographical areas. The surveys follow strict statistical guidelines. Estimated values maybe revised the following year based on additional information. Revisions may also be made based on data from the 5-year...

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Illinois Pumpkin Day

Posted by John Fulton -
ILLINOIS PUMPKIN DAY - 2015 PLACE: Vegetable Crops Research Farm at...

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2016 Crop Budgets and Cost Cutting - from Gary Schnitkey

Posted by John Fulton -
The first two columns of Table 1 shows corn and soybean budgets for central Illinois farmland with lower productivity. Expected yields are 184 bushels per acre for corn and 53 bushels per acre for soybeans (see 2016 Illinois Budgets for other yield levels). Prices are $4.00 per bushel for corn and $9.25 per...

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