Farmdoc daily

Recent decades have seen a marked increase in societal and agricultural interest in the use of agricultural conservation practices (farmdoc daily, December 2, 2024). However, interest has not led to…

Over the last two years, administrative actions and the 2025 Farm Bill have raised to 80% the federal premium subsidy rate for area insurance added on top of individual farm insurance. Farmers responded. For the crops that USDA reports a cost of production (barley, corn, cotton, oats, peanuts, rice, sorghum, soybeans, wheat), all acres insured in all area add-on insurance produc...

Fertilizer price increases associated with the conflict in Iran seem likely to result in higher fertility costs for farmers for the 2027 crop year.  Much attention has been given to…

The average farm real estate value for Illinois in 2026 was $9,250 per acre. This includes the value of all land and buildings used for agricultural production. The figure was 3.6% higher than the 2025 average of $8,930 per acre. This is the sixth year in a row of at least a 2.4% increase since 2020. During the last six years, there has been a steadier increase of 2.4% to 3.6 % ...

Despite facing similar pressures on farm finances, such as high input costs and low commodity prices, farmers in the United States and Argentina see the years ahead quite differently. This…