2013 Cash Rents on Professionally Managed Farmland in Illinois Listen to MP3 podcast The Illinois Society of Professional Farm Managers and Rural Appraisers conducts an annual study of farmland prices and cash rents (see here). As part of this process, the Society asks its membership what cash rents will be for the upcoming production year. […]
Read More
What a difference a year can make. Many of us will recall the record-breaking warm temperatures of last March across the Corn Belt of the United States. Those temperatures fueled a rush towards planting in April and the earliest emergence of western corn rootworm adults that I have witnessed. On June 7, 2012, I reported […]
Read More
Last fall, with funding provided through the Illinois Council for Best Management Practices (C-BMP), GROWMARK, C-BMP, and the University of Illinois initiated the N-Watch soil sampling program to see how much inorganic N remained in the soil following the drought of 2012. Fall sampling revealed fairly high amounts of soil N, with 151 samples statewide […]
Read More
Chris Behl (888) 879-2297 Office (309) 826-8020 Cellular behl.chris@gmail.com Chris Behl, a Shelby County, Illinois native started his farmland career with Pro-Ag Consulting, LLC in 1988 while he was in High School. Each summer, while in High School and College, Chris would return to help with the soil sampling business. Graduating from Eastern Illinois University Charleston in […]
Read More
Illinois Production Cost Report (Bi-weekly) Production costs items state wide: cash prices bulk, FOB distributor, per ton unless otherwise stated. Fertilizer in granular form unless noted. Product Offer Average Change Anhydrous ammonia 870.00-900.00 883.73 DN 1.00 Urea 46-0-0 505.00-560.00 533.70 UP 5.59 Liquid Nitrogen 28% spread 350.00-400.00 379.87 UP 2.87 DAP(Diammonium Phosphate 18%N 46%P) 575.00-640.00 […]
Read More
The National Agricultural Statistical Service (NASS) recently released county yields for corn and soybeans for 2012. These yields confirm that the drought significantly lowered 2012 production, with extremely low yields being prevalent in southern Illinois. Corn yields were more impacted than soybean yields. With county yield estimates, Group Risk Income Plan with the harvest price […]
Read More
Farmland investment returns have been running well above the norm. The trend may not continue. There’s a new land rush going on in this country and abroad. Institutional investors have settled on agricultural land as a lucrative, relatively safe investment vehicle. But what kinds of returns do they seek and obtain? A panel of deep-pocketed […]
Read More
GX_GR210 Springfield, IL Thu, Nov 08, 2012 USDA-IL Dept of Ag Market News Illinois Production Cost Report (Bi-weekly) Production costs items state wide: cash prices bulk, FOB distributor, per ton unless otherwise stated. Fertilizer in granular form unless noted. Product Offer Average Change Anhydrous ammonia 845.00-900.00 865.18 UP 12.29 Urea 46-0-0 525.00-600.00 565.00 UNCH Liquid […]
Read More
Last Updated: 11/1/2012 Next Scheduled Update: 11/15/2012 By: Chris Geelhart, Meteorologist Synopsis: The lingering drought conditions are now mainly across the northwest third of the state, as well as in far southern Illinois. In central Illinois, the October 30 issuance of the U.S. Drought Monitor indicated that moderate drought conditions were still being observed from about Henry to Lincoln westward. […]
Read More