Gold-Eagle Cooperative News

2019 Agricultural Outlook- Extension Updates
Monday, January 28, 2019

Recent updates from Purdue University, the University of Illinois, and Iowa State University provide a snapshot of variables impacting the U.S. agricultural economy in 2019.  Today’s update looks briefly at key points from each of these three land grant university reports. Purdue University: 2019 Agricultural Outlook The Agricultural Economics Department at Purdue University recently released its annual outlook report that contained ten specific […]

2019 Crop Insurance Premiums and the Crop Insurance Decision Tool
Monday, January 28, 2019

The 2019 Crop Insurance Decision Tool is now available here in the FAST section of farmdoc. This Microsoft Excel spreadsheet contains seven tools that can be used to evaluate different Federally-offered crop insurance policies. One of the most used tools is the IFARM Premium Calculator. Premium Calculator Figure 1 shows the Premium Calculator. The quote is for corn in Sangamon County, Illinois […]

Critical Time for Weed Removal in Corn and Soybean is Delayed by PRE-Herbicides
Monday, January 28, 2019

Understanding the critical time for weed removal in corn and soybean would not only ensure effective weed removal and minimize unnecessary weed control inputs, but could potentially help minimize the development of herbicide resistance in weeds. Most studies have shown that the critical time for weed removal in corn and soybean started at the early […]

Grain Farm Income Outlook for 2019-Negative Incomes Ahead?
Monday, January 21, 2019

In 2018, many grain farms in Illinois will have incomes above $70,000 per farm, the average from 2013 to 2017. Incomes in 2019 could be negative on many farms. While scenarios exist that result in near average incomes, it seems best to plan for negative incomes on grain farms in 2019. Income from 2018 should […]

Federal Reserve-Observations on the Ag Economy-January 2019
Monday, January 21, 2019

On Wednesday, the Federal Reserve Board released its January 2019 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy. Graph of Fed Districts from, “The Beige Book.” * Sixth District- Atlanta– “Agriculture conditions across the District were mixed. Recent reports showed most of the […]

The Marketing Mind Game
Monday, January 21, 2019

We all breathe a sigh of relief once all of the grain is in the bin. However, it does not take long for the relief to turn to anxiety as we begin think about marketing the crop. This anxiety occurs at the intersection of how much we spent per bushel to grow the crop, what […]

Crop and Livestock Price Prospects for 2019
Monday, December 31, 2018

Crop prices continue adjusting to the current trade environment and large global inventories.

Economic Review of Milk Costs in 2017 and Projections for Negative Economic Profit Margins
Monday, December 31, 2018

Higher milk prices still resulted in continued negative economic returns for Illinois dairy producers in 2017.

Conservation Practices to Reduce Nutrient Loss-How Do They “Stack” Up?
Wednesday, December 26, 2018

Each practice has a different effectiveness for reducing nutrient loss.

What is the Value of Soybean Residue?
Wednesday, December 26, 2018

Like other crop residues, soybean residue is used for livestock.

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