Stories about soybeans
After a four-year run of substantial gains, agricultural land values in the Seventh Federal Reserve District, which includes the northern two-thirds of Illinois, saw a 1% annual decrease.
Formed in 2011, the lab provides researchers and organizations with resources to advance soybean development. The lab operates in partnership with the University of Illinois and is located on campus.
“U.S. soybean farmers lose one of their best tools to expand their markets and U.S. standards globally,” said Peter Goldsmith, the University of Illinois-based director of the Soybean Innovation Lab
The break-even for those in northern Illinois who own the land is $3.30 for corn and $6.75 per bushel for soybeans, while the break-even in a cash-rent scenario are estimated at $4.60 for corn and $11 for soybeans.
Advances in technology of agricultural equipment are giving farmers new opportunities to control various processes.
Bolstered by surprises in the December supply and demand estimates report, corn enters 2025 with strengths in exports and ethanol demand.
Family farms account for 96% of total U.S. farms and 83% of the total value of production, according to the Agricultural Resource Management Survey.
AgriNews has followed the Rahn family throughout the year. This is the last in a series of updates about the family members and the decisions they make on their farm.
With the completion of harvest, farmers, including the Elmer Rahn family, now have time to start examining their data.
According to the Illinois Wheat Association, the wheat checkoff program will feature four core components: Research, promotion, economic well-being and policy.
The Illinois Soybean Association commissioned a study to evaluate the economic impact of maintaining reliable bridge infrastructure to efficiently transport farmers’ products to market.
Farmers should brace for even tighter margins and implement applicable risk management practices based on the latest crop price estimates from the University of Illinois farmdoc team.
Caused by a soil-borne fungus, red crown rot has spread to an estimated 22 counties in Illinois last year.