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Around the County

Frequent information updates for agricultural audiences

Downward Pressures on 2016 and 2017 Cash Rents - from Gary Schnitkey

Posted by John Fulton -

Cash rents on professionally-managed farmland decreased in 2016. In 2017, pressures to lower cash rents will intensify if commodity prices do not increase. In this article, a table is presented that summarizes cash rents for professionally managed and "average" farmland in Illinois for 2014 through 2016. The 2016 cash rents for "average" farmland is a projection. Data from the Illinois So...

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Crop Insurance Decisions including Price Levels Established for Revenue Products - from Bruce Sherrick and Gary Schnitkey

Posted by John Fulton -

The Risk Management Agency (RMA) has now concluded its price discovery period used to determined final prices and volatility factors for federally sponsored corn and soybean crop insurance products for 2016. For the majority of the Cornbelt, the approved Projected Price (PP) for corn is expected to be $3.86 and the volatility factor is .18. For soybeans, the Projected Price is expected to...

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