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Fungicide Applications on Corn and Soybeans

Farmers will be urged to make fungicide applications on their crops this month. Todd Gleason discussed the issues related to both corn and soybean diseases with ILLINOIS Extension Plant Pathologist Nathan Kleczewski.Todd E. Gleason · Fungicide Applications on Corn and Soybeans

Illinois Grain Farm Incomes in 2020

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Todd E. Gleason · Illinois Grain Farm Incomes in 2020
by Gary Schnitkey, Ryan Batts, Krista Swanson, Nick Paulson, Jonathan Coppess - University of Illinois and Carl Zulauf, The Ohio State University

link to farmdoc Daily article

We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID–19, 2020 net incomes were expected to be low without a turnaround in exports, likely resulting in pressures to continue Market Facilitation Program (MFP) payments. With COVID–19 at the forefront in 2020, the Coronavirus Food Assistance Program (CFAP) was implemented to provide relief to offset losses due to the virus and COVID–19 control measures. Even with CFAP payments and larger payments from commodity title programs, incomes are projected to be negative in 2020. More Federal aid could result in 2020 incomes being close to 2019 incomes. Looking ahead, the recent increases in Coronavirus outbreaks suggest this environment may not improve soon and could result in very …

Prevented Plant Impacts on 2019 Illinois Grain Farms Incomes

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link to farmdoc Daily article

In 2019, spring weather was very wet, and many farmers in Illinois had prevented plant (PP) acres. Compared to 2018 incomes, 2019 incomes declined more for those farms that had a larger proportion of their acres in PP. While some have suggested that PP payments may overcompensate farmers, the income results presented in a new paper from the University of Illinois do not support the contention. Todd Gleason has this discussion with ag economist Gary Schnitkey.


Todd E. Gleason · Prevented Plant Impacts on 2019 Illinois Grain Farms Incomes

Farms Included in Study

Table 1 shows 2018 and 2019 incomes on Illinois grain farms enrolled in Illinois Farm Business Farm Management (FBFM). To be included in Table 1, a farm had to meet the following criteria:
Receive the majority of their incomes from grain operations,Have over 500 acres, andHave records that were certified useable by Illinois FBFM staff in both 2018 and 2019. A total of 1,483 farms meet these criteria, …

USDA Surprises Drive Corn Prices Higher

original farmdoc Daily article

by Todd Hubbs, ILLINOIS Extension

The Acreage and Grain Stocks reports, released on June 30, produced some surprises for the corn market. The drop in acreage spurred a rally in corn prices and injected some optimism into the corn outlook moving into the 2020 marketing year. The market turns to weather forecasts and the upcoming WASDE report for price formation over the short term.


Todd E. Gleason · USDA Surprises Drive Corn Prices Higher

Corn producers reported they planted or intended to plant 92.01 million acres of corn this year, 2.31 million more than planted in 2019. Corn planted acres came in 3.2 million acres lower than the average trade guess and 4.98 million acres smaller than March planting intentions. Compared to March planting intentions in major producing states, the June survey revealed lower corn acres in all states. In particular, the western Corn Belt saw substantial acreage reductions with North Dakota (800,000 acres), South Dakota (600,…

ISAP | Conservation Practices, the Supply Chain, & Consumers

Margaret Henry, Director of Sustainable Agriculture - Pepsico
Ryan Sirolli, Global Row Crop Sustainability Director - Cargill

Companies along the food and fiber supply chain are thinking through how to incentivize clean water and conservation practices while providing for consumers’ wants and demands.

Todd E. Gleason · ISAP | Conservation Practices, the Supply Chain, & Consumers

Expected Harvest Prices for Corn & Soybeans in 2020

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farmdoc Daily Soybean article
farmdoc Daily Corn articleTodd E. Gleason · Expected Harvest Prices for Corn & Soybeans in 2020 The farmdoc team at the University of Illinois has created a model projecting the average fall price for corn and soybean futures in October. University of Illinois Agricultural Economist Gary Schnitkey says, at USDA’s current projected yields, it puts December corn futures at $3.10 and November Soybean futures at $8.36. Given current yield estimates, a statistical model suggests that the harvest price for crop insurance in Midwest states will be near $3.10 per bushel. Higher yields, above current estimates, would be expected to result in lower prices and vice versa. Thus, higher prices could happen if 2020 yields are lower than the trend. Conversely, an above trend yield would likely result in lower prices. A harvest price below $3.00 per bushel is a distinct possibility with above trend yields. Given current yield estimates, a statistical model suggests that …

Anticipating June 1 Corn Stocks

Next week (June 30th) USDA will release the quarterly grain stocks report for corn. These numbers have not been updated since March. It will reflect consumption patterns during the coronavirus pandemic.Todd E. Gleason · Anticipating June 1 Corn Stocks The third-quarter grain stocks number is important because it gives the trade an actual tally of how much corn is left from the total available supply in the United States. Early this month USDA projected about 5.7 billion bushels of corn would be used this marketing year in the feed and residual category. This is the one that has the most scrunch room in it. University of Illinois Extension Agricultural Economist Todd Hubbs says if the June stocks report shows 4.89 billion bushels left in the bin, then things are on track, “It will be on track and you make actually see feed and residual move up a little bit if it is in that range. We typically see a fourth quarter feed and residual higher than what that would imply for the third quarter …

Dicamba | Too Hot to Spray

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Farmers and retailers have been under pressure this season to get herbicides applied to soybeans and it has caused a lot of headaches. A Ninth Circuit Court of Appeals ruling caused a five-day pause in the application of three of the four available dicamba products. In Illinois, unlike other states, that pause was upheld and then the state tried to remedy the situation by adding five days to the application window - which now closes June 25th. Mostly it is going to be too hot spray during that time frame. Another regulation prohibits application on days warmer than 85 degrees says University of Illinois Extension Weed Scientist Aaron Hager, “Looking at the long term forecast from the National Weather Service, it looks like the next five days will be a no-spray situation. We’ve high temperatures well in excess of 85 degrees for today, Friday, Saturday, Sunday, and on into Monday. So, of the seven days we have left, it looks like on the extended forecast there may be only about two days…

Dicamba & the National Family Farm Coalition

Dicamba herbicide products designed for use with GMO cotton and soybean have been pulled from the marketplace, or at least are in the process of being pulled. This is the result of a lawsuit filed by plaintiffs including the National Family Farm Coalition. Todd Gleason talked with the president of NFFC about the reasons why the farmer organization felt compelled to go to court to keep Dicamba, in this latest form, off the market.

Trying to Reason with History and Policy in a Time of Crisis

Todd E. Gleason · Trying to Reason with History and Policy in a Time of Crisis On May 15, 1862, Abraham Lincoln signed into law an act of Congress establishing “at the seat of Government of the United States a Department of Agriculture.” Two and one-half years later, in what was to be his last annual message to the Congress, Lincoln said: "The Agricultural Department, under the supervision of its present energetic and faithful head, is rapidly commending itself to the great and vital interest it was created to advance. It is precisely the people’s Department, in which they feel more directly concerned that in any other. I commend it to the continued attention and fostering care of Congress.Concluding Thoughts
by Jonathan Coppess, Univesity of Illinois farmdoc Daily ArticleThere are more than 40 million Americans who have lost their jobs and more than 100,000 Americans have died in just a few months. The brutal killing of George Floyd adds another tragedy to a list already too exte…