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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

CoverCress making debut in Illinois

This fall, between 7,500 and 10,000 acres across Illinois, Missouri and Indiana will be seeded to CoverCress as a demonstration. The oilseed cover crop developed from field pennycress is planted in the fall, and growers harvest the oilseed the following year before planting a cash crop. One of those growers is Cass County farmer David Wessel, who talked with FarmWeek’s Kay Shipman about seeding the cover crop for the first time. READ MORE

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AFBF outlines priorities for 2023 farm bill

Conservation reform. Reference price increases. Crop insurance enhancements. These are just a few of American Farm Bureau Federation’s farm bill priorities announced Thursday. FarmWeek’s Timothy Eggert details the goals, and the challenges ahead. READ MORE

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Revisiting agricultural trade and food assistance programs in the farm bill

American Farm Bureau Federation Senior Economist Veronica Nigh details ag trade and food assistance programs in the farm bill and how they play a critical role at home and around the world. “Trade and international aid programs in the farm bill provide a critical link to international markets, deliver critical humanitarian support and help develop foreign countries to become better partners and customers,” writes Nigh in this Market Intel article. READ MORE

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Even with expensive inputs, today’s soybean prices combined with good yields should make for a profitable year.

“With the big price moves that we’ve seen, it’s just tough to step aside and say, ‘I’m done, and I’m not going to worry about where the market’s going to go from here.’” — Curt Strubhar of Advance Trading   Is there a benefit to re-owning those soybeans on paper in the form of options? It’s a classic marketing debate. RFD Radio’s DeLoss Jahnke explores farmers’ options in his Profit Watch report. READ MORE    

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Competition from Brazil could heat up

The combination of expanded acres and a return to trend yields could push Brazilian soybean and corn output to record levels. The National Supply Company in Brazil (Conab) recently projected production there could increase 21% for soybeans and 10% for corn in the coming crop year compared to 2021-22. READ MORE

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