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Latest farmdoc Daily Articles

SCO and ECO Choices in 2026

The One Big Beautiful Bill (OBBB) Act, passed in July 2025, dramatically increased the premium support on Supplemental Coverage Option (SCO) crop insurance policies from 65% to 80%. The Risk…

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Extending the Cattle Cycle with Still Lower Inventories

The USDA’s cattle inventory report places the total number of cattle and calves on January 1 at 86.7 million head, as the industry continues into a 7th consecutive year of contraction within the cattle cycle. The report indicates smaller beef cow and beef replacement heifer inventories and a smaller calf crop than anticipated. The report again confirms anticipated year over year drops across most inventory categories with fewer beef cows than any time since 1960 and the lowest total inventory since 1951.

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Double Trouble Part 1: Producers Request Larger Loan Levels with Rising Interest Rates

Over the past seven years, the interest expense faced by producers receiving a new USDA Farm Service Agency (FSA) farm loan has increased 50 to 62 percent and the total first-year payment has increased 72 to 89 percent. This is due to both increases in interest rates and loan amounts. Increases in the average size of farm loans received by farmers points to an underlying need for larger levels of financing. This is likely driven by the increase in the costs of variable and fixed inputs.

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Off-Base, Part 3: Picking Winners & Losers with Policy

Policy should not pick winners and losers. That well-worn phrase in DC circles is proclaimed more often than followed. As explored in this article, the most recent projections for crop costs, revenues and payments highlight the potential that extraordinarily large payments on southern base acres of peanuts, rice, and seed cotton will make the difference between profit and loss for those farmers who can plant those base acres to corn and soybeans.

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Expected Yields for SCO and ECO in Illinois

Many farmers will be considering the Supplemental and Enhanced Coverage Options (SCO and ECO) this year, as subsidy levels for these federal crop insurance products have been increased from 65% to 80% In many counties, the Risk Management Agency (RMA) increased the expected 2026 yields significantly above 2025 levels. Still, we find many of the expected yields for Illinois counties are below what one should expect given the crop’s recent historical experience, particularly for soybeans.

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Regional Cost of Living Differences

Supply chain disruptions, market concentration, global trade shocks, and housing shortages push issues related to affordability and the cost of living to the forefront. However, these pressures are not experienced uniformly; substantial regional cost of living differences shape how households navigate their daily expenses. These disparities can influence overall well being and exacerbate economic inequality, particularly in high cost metropolitan areas.

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Latest Farm Policy News Articles

EPA Affirms Farmers’ Right to Repair Equipment

Farmers and repair shops are allowed to temporarily override emission control systems for repair purposes, according to guidance issued by the Environmental Protection Agency Monday.

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USDA to Release Sterile Screwworm Flies in Texas

USDA’s Animal and Plant Health Inspection Service (APHIS) has shifted sterile New World screwworm (NWS) fly release to include into Texas to help efforts to stop the northern spread of…

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House Ag Chair Aiming for Late February Farm Bill 2.0

House Agriculture Chair G.T. Thompson has tentatively scheduled a farm bill markup for the week of Feb. 23, according to three people familiar with the plans.

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ADM Settles Accounting Probe, Tyson Settles Price Fixing Claims

Archer-Daniels-Midland Co. agreed to pay $40 million to settle a two-year federal investigation into the crop giant’s accounting practices that eroded faith in the company’s transparency. Separately, Tyson Foods has…

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Trump Says Congress ‘Close’ to Deal for Year-Round E15

President Donald Trump called on Congress Tuesday to resolve differences over year-round sales of E15 fuel and to finalize an agreement that would be a boon for struggling corn farmers.

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China Turning to Brazil Soybeans After Meeting US Purchase Pledge

China, the world’s largest soybean importer, has ramped up orders for Brazilian cargoes of the oilseed after meeting an initial shipment volume from the US as part of a trade…

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