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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…
ECO/SCO Payment Estimator
Farm Projection Tool
This program calculates per-acre budgets for different crops and a whole farm budget and includes breakevens. Projected financial statements and return sensitivities are available. The effects of farm level crop…
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Latest farmdoc Daily Articles
Could this Cattle Inventory Report Signal Initiation of a New Cattle Cycle?
The USDA’s mid-year cattle inventory report will be released this Friday, July 24, 2026, with many anticipating still lower inventories as drought conditions across much of cattle country could lead…
Harvest Price Option (HPO) Is Extremely Popular With Farmers but Is It Good Policy?
Making government payments when crop production is profitable supercharges profits, putting upward pressure on input prices and in turn increasing the likelihood of future demand for, and increases in, government…
How Do Differences Between High and Low Profit Farms Change with Income?
Last month, we looked at characteristics of higher profit farms using a twenty-year average and different regions of the state (see farmdoc daily, June 22, 2026). Using data from the Illinois Farm Business Farm Management (FBFM) Association from 2001 through 2025, we will look at three different three-year medians that have varying levels of income to analyze selected differences between the highest profit grain farms (high one-third) and the lowest profit grain farms (low one-third). The farms were sorted into thirds based on production per dollar of non-feed costs (accrual gross farm returns divided by total economic non-feed costs).
For this study, we analyze farms in central Illinois with higher productivity soils. There is very little livestock on these farms, and they all were 500 acres or more. The highest income per acre group was 2012, 2021, and 2022. The average income for this group ranged from $333 per acre to $433 per acre. The middle income per acre group was 2004, 2009, and 2014. The average income for these years ranged from $106 per acre to $118 per acre. The lowest income group included 2002, 2015 and 2024 with income ranging from $1 per acre to $41 per acre.
Pesticide Problems, Part I: Legislative History
In late June 2026, the Supreme Court handed down its decision in Monsanto Co. v. Durnell (No. 24–1068). The Court held that the “Uniformity” provision in the Federal Insecticide, Fungicide,…
Tracking U.S. Food Supply Chains Through Recent Shocks – Part 2
The domestic US food supply chain is vital in connecting farms, businesses, and consumers across the country and beyond. Events such as pandemics, trade disputes, floods, and droughts can disrupt…
Latest Farm Policy News Articles
Monsanto Withdraws Glyphosate Duties Petition
E&E News’ Grace Yarrow reported that, “Bayer is withdrawing its request that the Trump administration impose countervailing duties on glyphosate imports from China after backlash from the agriculture industry.” “The…
American Farmers May See Deeper Losses in 2027
Northern AG Network reported that, “several years of high inflation and low commodity prices, coupled with volatile production costs, are continuing to squeeze farmers financially. These forces are projected to…
Oklahoma Reaches New Settlement with Poultry Companies in Decades-Long Pollution Case
Meatingplace’s Chris Moore reported that, “Oklahoma Attorney General Gentner Drummond announced a nearly $44 million settlement resolving the state’s 21-year lawsuit against six poultry companies accused of contributing to nutrient…
House Reconciliation Bill Could Include $11 Billion in Farm Aid
Politico’s Meredith Lee Hill and Kelsey Brugger reported that “House Republican leaders and White House officials are coalescing around a roughly $80 billion policy package as they prepare for a…