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Showing posts from July, 2020

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