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Farmland Values and Returns by State Through Time
Farmland and Cropland Index and Return Utility
Farm Bill What-If Tool
This program calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Price Loss Coverage (PLC) payments, and ARC at the Individual Level (ARC-IC). County yields and market year average (MYA) prices…
Land Purchase Analysis
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Crop Insurance Summary of Business Tool
Planting Decision Model
Index Numbers of Illinois Farmland Values
2019 Budgets For All Regions
Latest farmdoc Daily Articles
Fertilizer Decisions for the 2026 Crop Year
Farmers will begin to consider management decisions for the 2026 crop year as fall approaches and the 2025 growing season winds down. A near term decision will be pricing and purchasing nitrogen fertilizer for fall nitrogen applications. Today’s article provides an update on average fertilizer prices for Illinois and discusses strategies farmers can and do use to price their nitrogen fertilizer.
Illinois Farm Real Estate Values Hold Strong in 2025, Even with Lower Farm Incomes
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. The farm real estate value data (includes farmland and farm buildings) is used to construct index numbers of Illinois farmland values. This index can be used to estimate a current or past value using purchase price or appraisal.
U.S. Tariffs on Brazil: Potential Implications for Agricultural Trade and Consumers
The 50% tariffs imposed by President Trump on Brazilian imports are expected to bring some implications for agricultural trade between the two countries. While the measure was softened by hundreds of exemptions announced on July 31, the policy still affects a wide range of goods and is likely to shift commercial dynamics across multiple sectors. This article examines the scope of the tariffs, with a focus on the agricultural products impacted and the potential consequences.
Support Price, Market Price, and the 21st Century
This article extends the analysis of 2025 Farm Bill statutory reference prices by examining the relationship to market price. In general, support prices relative to market price are notably higher in 2025 than in 2019 but notably lower than in 2002. Support price relative to market price are consistently higher for cotton, peanuts, and long grain rice than their market price and the six other program crops in this article.
Projections of Commodity Program Payments for Illinois in 2024 and 2025
Commodity program payments for 2024 are estimated to be limited to ARC-CO in some southern and northern Illinois counties for corn and soybeans. Commodity title program payments seem more likely to occur for the 2025 commodity title program. Even with the larger payment expectations, due in part to changes to commodity programs in the OBBB Act, 2025 return prospects remain negative for cash rented farmland in Illinois. This could lead to calls for additional ad hoc support for 2025.
Adoption of Conservation Practices and Farm Goals
Approximately 10% of a sample of U.S. farms indicated that conservation was their most important farm goal. Of those that chose conservation as their most important goal, approximately 52% introduced a new crop into their crop rotation in the last 5 years, 62% used no-till on at least one-half of their acreage, 57% currently utilize cover crops on at least a portion of their acreage, and 27% have made changes to their farm operation in response to long-term changes in weather patterns.
Latest Farm Policy News Articles
USDA Forecasts Record Corn Yield and Production
The USDA on Tuesday forecast a record corn crop at a whopping 16.7 billion bushels with record yields projected for corn at 188.8 bushels per acre — shattering another record.…
John Deere Gets Access to Competitor Data in FTC Case
John Deere will have access to confidential business information from several of its competitors after those companies fought in court to prevent the release as part of ongoing anti-trust, right-to-repair…
Lawmakers ‘in the very early stage’ of Skinny Farm Bill Discussions
A farm bill battle is brewing for the fall when a set of key agriculture programs that GOP leaders neglected in their massive reconciliation package will expire. Rep. Angie Craig,…
Ag Trade Deficit Hits Record High In First Half of 2025
The US agricultural trade deficit hit a record high in the first half of 2025, with the value of agricultural exports trailing that of imports by $4.1 billion in June…
MAHA Report Will ‘Respect’ Glyphosate Safety, EPA Official Says
The upcoming MAHA report on recommendations for action will ‘continue to respect regulatory frameworks’ that have found glyphosate is safe, a high-ranking Environmental Protection Agency official said Tuesday at the…
Corn Futures Dipped Below $4 on Wednesday
Corn futures fell below $4 a bushel (on Wednesday) to the lowest level in about 11 months as favorable US weather continued to weigh on prices ahead of a key…