February 12, 2014

Come Out & Play with WILLAg

It's time to have a little fun in the off season! Along with all the winter meetings, you should consider making a trip to John Deere!

FOLLOW THE CORN JOHN DEERE - Follow the Corn is back and this time we're headed to Moline! March 10, 11, & 12 we'll hit the road for a bus trip to see John Deere combines being made in Moline, Illinois and tractors in Waterloo, Iowa. John Deere manufacturing facilities are second to none, and both are scheduled to be running in March. We'll stop by Deere Headquarters and the Pavilion, too. Our first trip was so much fun, we cannot wait to make this one! If you want to come along check out our Follow the Corn John Deere page. 

January 23, 2014

Ag Economists Make Recommendations to USDA

Ag economists from the University of Illinois and SIU plumbed USDA grain and oilseed reports for inconsistency and have a list of recommendations for the agency.

December 19, 2013

Farmland Still a Good Investment

The dramatic drop in commodity prices over the last six months, along with the realization that lower farm incomes may be setting in across the Midwest, have many wondering if the price of farmland can remain at historic highs. Todd Gleason has more on the reasons that may be possible from the Center for Farmland Research at the University of Illinois.

Satellite view of Iowa farm land with a red box and the word Iowa State University Land Values Survey over the top of it.
Todd E. Gleason
December 12, 2013

Iowa State University 2013 Land Values Survey

Average Iowa farmland value is estimated to be $8,716 per acre, an increase of 5.1 percent from 2012, according to results of the Iowa Land Value Survey conducted in November. Values increased in 2013 for the fourth year in a row and achieved historic peaks. The increase is similar to results of other recent Iowa farmland value surveys, including the Federal Reserve Bank of Chicago and the Iowa Chapter of the Realtors Land Institute surveys.

LISTEN to WILLAg's Interview with Iowa State's Mike Duffy

Scott County, with an estimated $12,413 average value for all farmland, saw the highest average county values in the Iowa State survey. Scott County also had the highest percentage increase and highest increase in value, 12.45 percent and $1,374 respectively, of the 99 Iowa counties. The Northwest Crop Reporting District reported the highest land values at $10,960, which was a decrease of $445 (3.9 percent) from 2012. O’Brien County showed the highest dollar decrease in 2013 of $478. Osceola, Dickinson and Lyon counties along with O’Brien County all shared the greatest percentage decrease in 2013, with 3.72 percent.

December 10, 2013

High Cash Rents and Farmer Returns

Commodity prices have dropped dramatically as supply and demand have leveled out. However, cash rents paid to produce crops like corn, soybeans, and wheat are still high. Todd Gleason has more on the potential income prospects for those acres rented at the highest levels.

Larry Gleason from the combine cab.
photo by Todd Gleason
December 06, 2013

Will the 2013 Farm Bill be approved in 2013?

Farmers have been operating for more than a year now without a farm bill. Since the 2008 bill expired, there’s been an ideological debate surrounding the funding of certain programs in the farm bill, including the Supplemental Nutrition Assistance Program. There are currently two versions of the farm bill stalled in Congress, one passed by the Senate and one passed by the House, and if legislators can’t come to a compromise by January 1, farm policy written in the 1940’s will take effect. This hour on Focus, we’ll talk about why there’s been such a fight over this year’s farm bill and how that differs from farm bills past.

Jonathan Coppess, a Clinical Professor of Law and Policy in the Department of Agriculture Economics at the University of Illinois at Urbana-Champaign and former chief of staff to Michigan Senator Debbie Stabenow, (D) who worked on the Senate version of the bill and Mary Kay Thatcher, Senior Director of Congressional Affairs for the American Farm Bureau Federation join us.

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