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  • Crop Machinery Investment
    This article examines crop machinery investment and net annual investment per acre for various crop farm sizes. Larger farms tend to have lower benchmarks with regard to crop investment per acre and spend less on a per acre basis on machinery and equipment. The large differences in crop machinery investment and net investment per acre […]
  • Area Add-Up Insurance Performance: Insights from Cotton STAX
    Starting with crops harvested in 2026, premium subsidy for ECO and SCO area add-up insurance will be 80%. Coverage options are 90% or 95% for ECO and 90% for SCO. STAX area add-up insurance has offered 90% coverage – 80% subsidy for cotton since 2015. Ratio of indemnities net of farmer paid premiums to farmer […]

Agriculture News

‘You’re not farming by yourself’

Representatives from state and federal agencies met with urban growers in Chicago to discuss the future of urban agriculture. Land and water access, interagency communication practices and the new USDA Urban Ag Center were among the chief topics of discussion.   Read more

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Federal debt deal avoids default, impacts food and ag programs

Congress advanced the Fiscal Responsibility Act of 2023, which will suspend the $31.4 trillion debt ceiling until January 2025 and limit discretionary spending on government programs. The agreement would prevent a first-ever default on the nation’s debt, but also have implications for food aid and other ag-related programs. Read more

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Most of Illinois abnormally dry or in drought

Three-quarters of the state is on the map, but not for a good reason. The U.S. Drought Monitor’s June 1 report rated 77% of Illinois as abnormally dry to a drought. “Without significant rain in the next week, conditions will likely worsen and more drought impacts may occur,” said Trent Ford, state climatologist at the Illinois State Water Survey. Read more  

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