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  • 2026 Crop Insurance Harvest Prices for Corn and Soybeans
    October settlement prices of Chicago Mercantile Exchange (CME) futures contracts are used to set harvest prices on Federal crop insurance products for corn and soybeans in the Midwest.  Harvest prices are $4.75 per bushel for corn and $12.63 per bushel for soybeans. Both are above their projected prices, which are $4.62 for corn and $11.09 […]
  • Seed, Fertilizer, and Pesticide Costs: Comparing U.S. and Brazilian Soybean Farms
    Soybean farmers in both countries have little control over the prices they receive. Because individual farms sell in the same global market, their ability to compete depends largely on how much it costs them to produce a crop. This article compares what nine typical farms in the U.S. and Brazil spent on seed, fertilizer, and […]

Agriculture News

About 2,900 farmer veterans are certified Homegrown by Heroes (HBH) throughout the country

What does that mean? As the official farmer veteran branding program of America, a HBH label certifies ranchers, farmers, and fisherman of all military eras to sell their product as veteran owned and produced. “There’s huge value in this label,” said Farmer Veteran Coalition Executive Director Jeanette Lomabrdo. And a new partnership between HBH and MarketMaker is not only winning national awards, but adding increased visibility and sales of HBH growers. READ MORE

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Economic guidance through market volatility

Continued market volatility and input price fluctuations can cause uncertainty in the decision-making process for 2023. As growers investigate ways to best manage their business finances and cash flow, GROWMARK’s Robert Bennett and Dana Hite say the FS Agri-Finance program offers many benefits and trusted solutions. READ MORE

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The U.S. started the month with about a 25-day supply of diesel in storage

This time of year, maybe 32 days supply or 34 days supply would be more applicable,” said Tim Abel, GROWMARK refined fuels, supply and trading manager. “It’s not unusual for the supply to be tight in the fall. We go through peaks and valleys. It’s also normal to a see a rebuild in the non-peak season.” He discusses the dynamics impacting supplies and prices.

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Farmers respond to wheat demand in northern Illinois

Increased demand, strong global prices and the largest wheat mill in the U.S. are all contributing to an increase in wheat acres in northern Illinois. “We’re very well situated to continue to provide farmers a fantastic outlet for locally grown wheat,” said Joe Greene of Archer Daniels Midland Co. ADM’s wheat mill in Mendota has the capacity to produce 3 million pounds of flour per day. It also produces about 22% mill feed, which goes into local markets for livestock feed. Greene talks more about the wheat and flour market with FarmWeek’s Daniel Grant.

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IFB launches action request to avert rail strike

Illinois Farm Bureau is calling on its members to urge Illinois’ congressional delegation to use its authority to intervene before a national railroad strike takes place. A rail lockout or strike would cause severe consequences to food security and the ag economy. Read more about the action request, which goes live at 8 a.m.

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Millikin University to launch new agribusiness major

An increased demand from students and the growing number of management jobs in agriculture led Millikin University to add an agribusiness major. Starting in the fall of 2023, students in the bachelor program within the Tabor School of Business will focus on applying business fundamentals to agriculture and agriculture-related industries. READ MORE

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