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  • Economic Review of Milk Costs in 2024 and Projections for 2025 and 2026
    Higher milk prices coupled with lower feed costs still resulted in positive cash returns but continued negative economic returns for Illinois dairy producers in 2024, according to figures summarized by…
  • 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 […]

Agriculture News

SOYBEAN BREEDING IS A LONG PROCESS –

University of Illinois Soybean Breeder Brian Diers creates Illini soybean genetics for Doug Baird of Baird Seed company, but says it takes many years of multiple generations annually to get a new variety. (WCIA

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OIL FUTURES EDGE LOWER AS CHINA’S CRUDE OIL IMPORTS SLOW –

Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange posted modest losses for the first day of a new trading week, with the U.S. crude benchmark retreating from a 2-1/2 year high after China’s crude oil imports unexpectedly fell to a 2021 low last month, raising concerns over demand growth in the world’s second largest oil consumer, while underlining concerns over rising inflation in the United States and Eurozone capped gains for the broader markets. (DTN)  

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