There is a new Farm Economics Facts and Opinion paper out from the Illinois FarmDOC team. As Todd Gleason reports, it takes up the historic and projected corn versus soybean returns.
There is a new Farm Economics Facts and Opinion paper out from the Illinois FarmDOC team. As Todd Gleason reports, it takes up the historic and projected corn versus soybean returns.
The Illinois Farm Business Farm Management records have been summarized. As Todd Gleason reports they confirm last year's switch to corn acres in a big way.
It cost more last year to
produce a bushel of corn in Illinois than it did in 2006. Todd Gleason has more from the 2007
summary of the Illinois Farm Business Farm Management records.
It cost more last year to
produce a bushel of soybeans in Illinois than it did in 2006. Todd Gleason has more from the 2007
summary of the Illinois Farm Business Farm Management records.
The ag economists at Illinois have been looking at the numbers, and this year they say farmers in the state should keep the corn planters rolling. Todd Gleason has more from the Urbana Champaign campus.
It seems the United States Department of Agriculture may have underestimated the size of the 2007 soybean crop. Todd Gleason has more with University of Illinois Extension Ag Economist Darrel Good.
USDA released four big reports for the corn and soybean markets in March. The Cattle on Feed and the Quarterly Hogs and Pigs report showed the high price of grain and oilseeds had not yet caused a contraction in the number animals being produced in the United States. The Prospective Plantings and the Quarterly Grain Stocks reports showed more soybeans on hand than expected, more soybean acres than expected, fewer bushels of corn, and just about the number of acres the trade figured would be planted this season. University of Illinois Extension Ag Economist Darrel Good tells Todd Gleason it all adds up to some interesting marketing choices for farmers in the Midwest.
The European Union has expanded its area in the last decade to include several former eastern bloc countries. Poland is among them. Todd Gleason visited the picturesque polish countryside courtesy the German Marshall Fund and asked farmers there how they were subsidized. He files this report.
University of Illinois has compiled the state FBFM records from 2007. Farm Management Specialist Dale Lattz discusses the costs of production for corn and soybean. Both set records in 2007.
Darrel Good discusses the impact of the USDA reports released in March: Prospective Plantings, Cattle On Feed, Quarterly Hogs & Pigs