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Showing posts from 2017

Turkey Facts (self contained for Thanksgiving Day)

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Turkey Facts (self contained for Thanksgiving Day)
http://urbanext.illinois.edu/turkey/Running Time – 2:02For University of Illinois Extension I’m Todd Gleason. Happy Thanksgiving. Here’s a list of turkey facts, you might find of interest.Ben Franklin, in a letter to his daughter, proposed the turkey as the official United States bird.In 2012, the average American ate 16 pounds of turkey.The heaviest turkey ever raised was 86 pounds, about the size of a large dog.A 15 pound turkey usually has about 70 percent white meat and 30 percent dark meat.The male turkey is called a tom.The female turkey is called a hen.The turkey was domesticated in Mexico and brought to Europe in the 16th century.Wild turkeys can fly for short distances up to 55 miles per hour.Wild turkeys can run 20 miles per hour.Turkeys’ heads change colors when they become excited.Most of the turkeys raised for commercial production are White Hollands.It takes 75–80 pounds of feed to raise a 30 pound tom turkey…

Weekly Outlook | Soybean Export Prospects for 2017–18

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Weekly Outlook | Soybean Export Prospects for 2017–18
Todd Hubbs, Commodity Markets Specialist - University of IllinoisUp Next… U.S. soybean exports need to continue to build on the strength seen in the 2016–17 marketing year. The ability to exceed the current USDA export projections in 2017–18 is a possibility, but it is heavily dependent on South American production and the continued growth in demand from importers. Todd Gleason has more from the University of Illinois…

Nov 19 | WILLAg Newsletter

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7:15am Sunday, November 19, 2017

Good Morning,

The Farm Assets Conference is this Tuesday, November 21st. The doors open at 9:30am. Please take time to register now online or by calling during regular business hours Monday 800–898–1065. I hope to see you in Normal! Walk-in registration is available the day of the event.

Todd Gleason
tgleason@illinois.edu or (217) 333–9697


Winter Meetings, an Apology, and a Thank You
The winter meeting season has arrived. You may follow along with where I’ll be on the WILLAg.org website, just click on Calendar. If you’d like to schedule a WILLAg Marketing Panel, me, or any of the other University of Illinois experts to be on your meeting’s agenda just email tgleason@illinois.edu or call (217) 333–9697 - this rolls to my mobile and I will answer in the evening hours.

On that note! Many thanks go to Ron Gray and company (Country Financial, Farm Bureau, Extension) in southern Illinois for hosting a WILLAg Panel Thursday evening. It’s been a long time since …

Nitrogen Fertilizer Prices and Costs Lower for 2018 | Interview

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Nitrogen Fertilizer Prices and Costs Lower for 2018 | Interview
Gary Schnitkey, Agricultural Economist - University of Illinois
see farmdocDaily article

Nitrogen fertilizer prices are averaging lower now than in any time since September 2008. These lower prices could translate into roughly a $10 per acre saving in nitrogen fertilizer for the coming 2018 production year. Further savings may be possible for those farms who are applying above recommended nitrogen rates and are willing to cut fertilizer application rates. University recommendations suggest nitrogen application rates well below 200 pounds in northern and central Illinois.

Todd Gleason talked with University of Illinois agricultural economist Gary Schnitkey about his farmdocDaily article.

Average anhydrous ammonia prices in Illinois are reported approximately twice a month in the Illinois Production Cost Report, a publication of the Agricultural Marketing Service, an agency of the U.S. Department of Agriculture. …

Using the Productivity Index to Figure Cash Rents

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Using the Productivity Index to Figure Cash Rents
Gary Schnitkey, Agricultural Economist - University of Illinois Right now farmers are in the middle of negotiating 2018 cash rents. This while their incomes have been depressed for four years. Todd Gleason reports Agricultural economist Gary Schnitkey has been working up a way for landowners and their tenants to feel better about bringing cash rents down. The University of Illinois number cruncher has…
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2:00 radio self-containedThe University of Illinois number cruncher has developed a formula to derive cash rent from a fields P.I.. That’s the Productivity Index. It is benchmarked, in a fashion, to USDA’s Cash Rents Survey and uses a geographic adjustment tied to the CRD, that’s USDA’s Crop Reporting District. This allows for demand patterns in an area to show up in the formula. Schnitkey, in a farmdocDaily article says the P.I. and CRD adjustment explains 91% of the variability in the average cash rents as repor…

Corn Supply A Burden To Prices | Interview

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Corn Supply A Burden To Prices | Interview
Todd Hubbs, Commodity Markets Specialist - University of Illinois The USDA’s Crop Production report released on November 9 reported an unexpectedly large corn yield increase for the 2017 crop. Corn prices suffered a moderate decline following the report release considering the magnitude of the yield increase. However, University of Illinois Commodity Markets Specialist Todd Hubbs says corn prices will struggle to find support due to the ample supply available during the 2017–18 marketing year.

2017 a Good Year for Pumpkin Pies

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2017 a Good Year for Pumpkin Pies
Mohammad Babadoost, Extension Plant Pathologist - University of IllinoisDespite a scare in mid-August, the 2017 pumpkin crop is looking good. Not the jack-a-lantern type, although those did well, too. But, as Todd Gleason reports, the kind used for pumpkin pie filling.Farmers in Illinois raise the overwhelming…
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1:10 radio self-contained Farmers in Illinois raise the overwhelming majority of pumpkins used to make the pies served at Thanksgiving. Something like 90 percent of the pumpkin pie filling comes from fields in an area mostly around Peoria. These are canning pumpkins says University of Illinois Extension’s Mohammad Babadoost.Babadoost :04 Illinois is far ahead of any other state in the nation. Babadoost has been tasked with a lot of the research that goes into making sure the crop stays healthy all season long. He’s a plant pathologist for University of Illinois Extension and says although there was a time in mid-August t…

University of Illinois Land Leasing Process Updated

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University of Illinois Land Leasing Process Updated
Kim Kidwell, Dean of the College of ACES - University of Illinois The University of Illinois is updating its farmland leasing policies. Todd Gleason has more on how. read Kim Kidwell’s “Honoring Our Farmland Legacy” postU of I farms have been cash rented…
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2:22 radio self-contained U of I farms have been cash rented in an open bid process since the middle of the last decade. The Dean of the College of ACES, Kim Kidwell, says that process has been updated to better reflect the working relationships ILLINOIS has with farmers. Kidwell :24 …holistic view of the farming operation instead of simply profit. Quote Summary - Which is more geared towards a best management approach that looks at fair market value, the history of the tenant in conservation, sustainability, productivity, education level, access to high tech equipment, modern technology. It really does look at a holistic view of the farming operation instead…

Harvest Emergency Declared in Illinois | State Roadway Limits Increased

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Harvest Emergency Declared in Illinois | State Roadway Limits Increased
Governor Bruce Rauner, State of IllinoisFarmers in Illinois can move more grain in every truckload for the next 45 days. Todd Gleason has more…The state, for the first time ever…
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1:16 radio self-contained The state, for the first time ever, has declared a Harvest Emergency. This is because rain has slowed the fall harvest. Governor Bruce Rauner made the announcement Sunday allowing each truck to carry 10% more weight. Rauner :30 …get the products to market and support our farmers. Quote Summary - As of today, for 45 days, farmers can easily get a permit online with the Department of Transportation. I just hung up with Randy Blankenhorn an hour ago and he says the DOT is all ready to go. It can be turned around immediately for everybody that needs to increase their weigh load. So, to all the farmers around the state, there is expanded capability. You can carry 10 percent more weight in your …

A Better Choice | Common Milkweed for Monarch Butterflies

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A Better Choice | Common Milkweed for Monarch Butterflies
Jason Haupt, Extension Environmental Stewardship - University of Illinoisby Jason Haupt
Friday November 3, 2017We have been hearing about how Monarch Butterflies are in trouble. The question is “what to do to help the Monarch’s?” The common answer has been to plant more milkweed, but is this the best advice to give? Is the answer to the Monarch question much more complicated than just planting more milkweed?Monarch Butterflies are amazing creatures. I cannot think of any other creature that begins a journey in one place and finds its way to a place that it has never been. Monarchs, from much of North America, spend the winter months in the highlands in southern Mexico. They make this journey from the northern part of North America, flying all the way down to Mexico.The conservation of Monarch Butterflies is a complicated question. One of the biggest influences on populations has been the loss of habitat, which is w…

More Money Raising Soybeans

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More Money Raising Soybeans
Gary Schnitkey, Agricultural Economist - University of IllinoisFor four years in a row farmers in Illinois, other parts of the nation too, have made more money on soybeans than corn. Todd Gleason has more on the trend…The numbers are pretty clear and…
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2:19 radio self-contained The numbers are pretty clear and University of Illinois Agricultural Economist Gary Schnitkey lays them out in an online farmdocDaily article. He says, on average, soybeans have been more profitable than corn since 2013.Schnitkey :24 …seen soybean prices increase relative to corn prices.Quote Summary - One of the things we’ve seen is that soybean prices, when compared to corn, have been relatively strong since 2013. The ration of soybean to corn prices has been 2.74 since 2013, and it was 2.42 before that. So, we’ve seen soybean prices increase relative to corn prices.And farmers have responded to the price. When you look at historic price ratio changes, it is …

Nov 9 U of I Webinar | Local Government & the Opioid Crisis

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Nov 9 U of I Webinar | Local Government & the Opioid Crisis
Nancy Ouedraogo, Community & Economic Development - University of Illinois register online for free todayThis coming Thursday a University of Illinois Extension webinar targeted to local government officials will explore opioid addiction in the state. Todd Gleason has more. The webinar is free and should provide…
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1:07 radio self-contained The webinar is free and should provide local government and community leaders in rural counties with information to address the opioid crisis says University of Illinois Extension’s Nancy Ouedraogo (whoa-droh-go).Ouedraogo :17 …or EMS county systems.Quote Summary - We’ve also reached out to community outreach or public information officers, those that work in public outreach in the health sector. So, community health workers that might be employed by hospitals or EMS county systems. Participants in this webinar will learn about the impact of opioids on Illinoi…

A Narrowing of the Gap on Corn and Soybean Crop Revenue

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A Narrowing of the Gap on Corn and Soybean Crop Revenue
Gary Schnitkey, Agricultural Economist - University of Illinois

read farmdocDaily post

On average in Illinois, soybeans have been more profitable than corn since 2014, an unusual situation given that Illinois is in the heart of the Corn Belt. Todd Gleason explores with University of Illinois Agricultural Economist Gary Schnitkey how both costs and revenue from the two crops contribute to this situation.

Upcoming Webinar | Local Government & the Opioid Crisis

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Upcoming Webinar | Local Government & the Opioid Crisis
Nancy Ouedraogo, Community & Economic Development -University of Illinois

register online for free today

Thursday, November 9 a University of Illinois Extension webinar targeted to local government officials in rural Illinois will explore opioid addiction in the state. The webinar is free and should provide local government and community leaders with information to address the opioid crisis. Todd Gleason has more…



Webinar Information
The Opioid Crisis: Community Strategies for Treatment and Recovery
- Presented by: Heidi Clark, Division Chief of Health Data and Policy from the Illinois Department of Public Health (IDPH)

Noon–1PM on Thursday, November 9, 2017

Opioid addiction is of increasing concern to rural Illinois. Please join us for this free webinar to learn about how local government officials and community leaders can address the opioid crisis.
Heidi Clark received her undergraduate degree at Stanford Unive…

How Many U.S. Soybean Acres Needed in 2018

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How Many U.S. Soybean Acres Needed in 2018
Todd Hubbs, Commodity Markets Specialist - University of Illinois Farmers in the United States have been planting more and more acres to soybeans. Todd Gleason explores if this trend should continue next year. 1:29 radio
1:37 radio self-containedThere is a simple reason behind this increase. Soybeans have been more profitable than other crops over the last several years. The question now is how many acres will they plant next year. University of Illinois Commodity Markets Specialist Todd Hubbs has been thinking about that one and he decided to determine how many acres are needed if the stocks-to-use ratio was to stay at about 7%. Hubbs says that number should provide a $9.50 season’s average cash price. Hubbs :39 …based on a seven-percent stocks-to-use.Quote Summary - If we assume seven-percent stocks-to-use in 2018/2019 would give us $9.50, which would cover the cost of production in Illinois based on current projections, how ma…

Farmers Desires for Enterprise Units Use Across County Lines

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Farmers Desires for Enterprise Units Use Across County Lines
Gary Schnitkey, Agricultural Economist - University of IllinoisIn a survey conducted by the Illinois Corn Growers Association, farmers with land in different counties indicated a willingness to combine insurance units across counties. Todd Gleason has more on the results with University of Illinois Agricultural Economist Gary Schnitkey.

Soybean Acreage in 2018 | an interview with Todd Hubbs

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Soybean Acreage in 2018 | an interview with Todd Hubbs
Todd Hubbs, Commodity Markets Specialist - University of IllinoisThe market is currently sending a signal of maintaining the record high soybean acreage of 2017, but the necessity for that level of soybean acreage in 2018 could deteriorate quickly under evolving market conditions. Todd Gleason has more with University of Illinois Commodity Markets Specialist Todd Hubbs.

Comparison of 2016 ARC-CO and PLC Payments

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Comparison of 2016 ARC-CO and PLC Payments
link to full farmdocDaily article

The United States Department of Agriculture will issue farm safety net payments this month. Todd Gleason has more on the payments for this year, and projections for next year with University of Illinois Agricultural Economist Gary Schnitkey. You may listen to that conversation.



Schnitkey, his University of Illinois colleagues Nick Paulson & Jonathan Coppess, and Ohio State’s Carl Zulauf also explored how the 2016 ARC County payments would compare to those from its counterpart USDA safety net program, PLC. This exploration is a head to head look at how each program performed.

Check the farmdocDaily website for full details at www.farmdocdaily.illinois.edu.

The four academics compared PLC and ARC-CO payment levels per base acre in 2016. They looked at corn and wheat and then did a simple calculation for each to illustrate which USDA farm safety net program made the largest payments for 2016. The…

ARC Payments for 2016 & 2017 | an interview with Gary Schnitkey

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ARC Payments for 2016 & 2017 | an interview with Gary Schnitkey
Gary Schnitkey, Agricultural Economist - University of IllinoisThe United States Department of Agriculture will issue farm safety net payments this month. Todd Gleason has more on the payments for this year, and projections for next year.6:04
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Calculating N-Rates for Corn | with Emerson Nafziger

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Calculating N-Rates for Corn | with Emerson Nafziger
Emerson Nafziger, Extension Agronomist - University of IllinoisUniversity of Illinois Agronomist Emerson Nafziger says deep prairie soils can provide up to one-hundred-pounds of N annually. This makes nitrogen fertilizer applications less limiting than once thought. Todd Gleason talks with Nafziger about how farmers should calculate anhydrous ammonia rates this fall.17:32 soq

Exploring Corn & Soybean Stocks

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Exploring Corn & Soybean Stocks
Todd Hubbs, Commodity Grain Markets - University of IllinoisLast week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. Todd Gleason has more on how that might play out.1:42 radio
1:50 radio self-contained USDA’s quarterly grain stocks estimate suggests there are fewer bushels of corn and soybeans leftover from last year than have been reported so far. University of Illinois Commodity Grain Markets Specialist Todd Hubbs says corn is off by 56 million bushels and soybeans are down 44 million.Hubbs :23 …isn’t a shocker, but it did change the balance sheet.Quote Summary - I’d say one thing out of the stocks report is the idea that corn and soybean consumption is starting to get stronger as we move through the year. This is especially the case in some areas we didn’t see before like feed. For the soybean ending stocks, USDA adjusted 2016 production. This isn’t a shocker, but it did change the balan…

Exploring Corn & Soybean Stocks | an interview with Todd Hubbs

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Exploring Corn & Soybean Stocks | an interview with Todd Hubbs
Todd Hubbs, Commodity Grain Markets - University of Illinois

Last week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. Todd Gleason has more on how that might play out.

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Avoiding Field & Combine Fires

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Avoiding Field & Combine Fires
Duane Friend, University of Illinois ExtensionWe’ve been hearing about range and brush fires out west all year long. Now, the threat has come to the corn belt. Todd Gleason has more on how farmers can work to avoid combine and field fires this harvest season. 2:15 radio
2:24 radio self-contained Dry conditions from the Dakota’s to Illinois should keep farmers wary of accidentally starting a fire. It’s not something that aren’t used to thinking about each harvest, but one to take special note of this season says Duane Friend from the University of Illinois.Friend :37 …and you can end up with a field fire.Quote Summary - And it is one of those things where you may have a combine or a truck out in the field and field fires don’t always just start immediately. Sometimes they can start from plant materials which have been smoldering for 15 to 30 minutes. So, if somebody is driving a vehicle with a hot exhaust pipe through a field and it comes…

Dealing with Fall Drought in the Home Landscape

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Dealing with Fall Drought in the Home Landscape
Chris Enroth, Extension Horticulture - University of IllinoisIt appears the dry weather is going to last through the fall. Todd Gleason has more from the University of Illinois on how to care for your yard and landscape.

Field & Combine Fire Prevention

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Field & Combine Fire Prevention
Duane Friend, University of Illinois ExtensionThe latest drought monitor from the United States government shows dry conditions worsening in Illinois. Todd Gleason has more on the steps farmers can take to prevent field and combine fires this fall. 5:02
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Friday’s USDA Grain Stocks Unlikely to Change Corn Market

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Friday’s USDA Grain Stocks Unlikely to Change Corn Market
Todd Hubbs, Agricultural Economist - University of Illinois Friday the United States Department of Agriculture will close out last fall’s harvest and marketing year with the release of the fourth quarter Grain Stocks report. Todd Gleason reports it is not expected to impact the price of corn.

Fall Garden Mums in the Garden

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Fall Garden Mums in the Garden
Kari Houle, Extension Horticulture - University of Illinois
read blog postIt’s easy to buy potted mums in the fall, but did you know you can put them right into the ground. Next year they’ll come back. Todd Gleason has more from the University of Illinois…

Planting Trees in the Fall

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Planting Trees in the Fall
Beth Allhands, University of Illinois ExtensionWith a few exceptions fall is the best time to plant trees. Todd Gleason has more on the reasons why and some how-to advice from the University of Illinois.

Margin Protection Crop Insurance Decision Due

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Margin Protection Crop Insurance Decision Due
Gary Schnitkey, Extension Agricultural Economist - University of IllinoisFarmers have until the end of this month to decide if they’d like to take USDA’s new Margin Protection Crop Insurance plan. Todd Gleason has more…Known as M-P, the program most closely aligns…
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1:18 radio self-containedKnown as M-P, the program most closely aligns with the current A-R-P, or Area Revenue Protection crop insurance plan. University of Illinois Agricultural Economist Gary Schnitkey says while there are difference the one of note is the price setting period. It locks in input prices (the margin) based on corresponding futures traded in Chicago for urea, DAP, diesel fuel, and interest rates. Schnitkey :18 …that would be an advantage.Quote Summary - The other side of it you might be interested in is setting a projected price now versus in February. We know that our projected prices for Margin Protection insurance are $3.96 for corn and…

Plan for Big Medicare Premiums After Big Income Years

If you’re on Medicare and happen to have an unusually high taxable income year it will raise your premiums, but not right away. Todd Gleason has more from the University of Illinois Tax School. Two years after a big income year the Federal government takes some of that money back by increasing Medicare premiums says Bob Rhea (ray), a presenter for the U of I Tax School.Quote Summary - For people who are drawing Medicare and paying Medicare premiums the IRS has a rule that says if you have a large income in one year, we wait two years and then look back and determine if you need to pay a higher Medicare premium because you had high income two years prior. Rhea says a typical Medicare Part B and Part D prescription drug plan runs about $150 per month or about $3,600 per year for a married couple. He says it is possible for that to balloon to as much as $12,000 for a single year event because of the sale of a business or other asset. Quote Summary - And we don’t find that out until two y…

Plan for Big Medicare Premiums After Big Income Years

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Plan for Big Medicare Premiums After Big Income Years
Bob Rhea, University of Illinois Tax School Lecturer | FBFMIf you’re on Medicare and happen to have an unusually high taxable income year it will raise your premiums, but not right away. Todd Gleason has more from the University of Illinois Tax School. Two years after a big income year the Federal…
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1:17 radio self-contained Two years after a big income year the Federal government takes some of that money back by increasing Medicare premiums says Bob Rhea (ray), a presenter for the U of I Tax School.Rhea :20 …had high income two years prior. Quote Summary - For people who are drawing Medicare and paying Medicare premiums the IRS has a rule that says if you have a large income in one year, we wait two years and then look back and determine if you need to pay a higher Medicare premium because you had high income two years prior. Rhea says a typical Medicare Part B and Part D prescription drug plan runs about $1…

Big Income Years Impact Medicare Premiums 2 years Out

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Big Income Years Impact Medicare Premiums 2 years Out
Bob Rhea, University of Illinois Tax School Lecturer | FBFMFarmers, business owners, and others on Medicare might find a bigger bill in the mail than expected. Todd Gleason has more on how big income years produce big Medicare premiums two years later.

Margin Protection Insurance | an interview with Gary Schnitkey

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Margin Protection Insurance | an interview with Gary Schnitkey
Gary Schnitkey, Extension Agricultural Economist - University of IllinoisGary Schnitkey assesses the value of Margin Protection Insurance against ARP and RP plans.

Growmark Introduces Simulator to Train Drivers

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Growmark Introduces Simulator to Train Drivers
Erik Wilcox, Equipment Manager - GrowmarkWe often hear about pilots using simulators to train before they actually fly. As of this year Growmark FS is using a simulator to train its sprayer operators. Todd Gleason has more. This month the company invited reporters to its…
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1:40 tv cgThis month the company invited reporters to its training center in Bloomington, Illinois and after a brief introduction invited them to take a spin in their brand new RoGator. Not a real one, but a simulator that seems pretty darned real even, says Growmark Equipment Manager Erik Wilcox, to those that drive the sprayer for a living. Wilcox :18 …we are headed in the right direction.Quote Summary - I’ve had a lot of doubting Thomases come in and say, “this is just a video game and not anything worthwhile” and with each and every one of them I challenge them to just get on and give me the feedback. Every on…

Corn and Soybean Production Outlook in 2017–18

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Corn and Soybean Production Outlook in 2017–18
Todd Hubbs, Agricultural Economist - University of Illinois Given the price reaction, the market remains uncertain about the USDA’s September forecast of 2017 corn and soybean production. Todd Gleason has more with the commodity markets specialist from the University of Illinois.

$45 Million for Photosynthesis Research

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$45 Million for Photosynthesis Research
(R) IL 13th, Representative Rodney Davis - United States CongressLast Friday (week / Sep 15, 2017), as Todd Gleason reports, political and agricultural leaders gathered on the University of Illinois campus to see transformative work by scientists in photo-synthetic efficiency. Actually it’s a project called R.I.P.E (ripe)….
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2:02 tv cgActually it’s a project called R.I.P.E.. That stands for Realizing Increased Photosynthetic Efficiency. It is a $45 million, five-year reinvestment from the Bill & Melinda Gates Foundation (BMGF), the Foundation for Food and Agriculture Research (FFAR), and the U.K. Department for International Development (DFID). Illinois Congressman Rodney Davis, a member of the House of Representatives ag committee toured there research facilities, fields, and labs. He says he was impressed (tv skip to soundbite #2).Davis :41 …on less land to feed more people years fro…

Reducing Regs Would Benefit Low-Income Households & Farmers

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Reducing Regs Would Benefit Low-Income Households & Farmers
Craig Gundersen, Agricultural Economist - University of IllinoisThe Senate Ag Committee Thursday (today/yesterday) held a hearing on USDA’s food and nutrition programs and how they relate to the farm bill. On that subject, Todd Gleason reports, a University of Illinois agricultural economist thinks the divide between farmers and those using SNAP, the Supplemental Nutrition Assistance Program sometimes called food stamps, should probably close ranks around a couple of issues, including governmental regulations.1:39 radio
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TV VOICERThe U of I’s Craig Gundersen says there’s plenty of common ground for farmers and low-income households to plow and it all involves back pocket issues. Gundersen :35 …would have a huge benefit for low-income households.Quote Summary - One of the keys ways that we can eliminate food security in the United States is to make sure food prices are low. Low food pr…

Storing Corn and Soybeans in 2017

The current price structure of corn and soybean futures markets indicate positive carry in both markets and raises the question of whether producers should make decisions about grain sales. Todd Gleason reports the decision by producers to store corn or soybeans should be determined by the returns to storage.There will be a lot of corn around this fall…
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Storing Corn and Soybeans in 2017
Todd Hubbs, Agricultural Economist - University of Illinois
read blog postThere will be a lot of corn around this fall. USDA projects about sixteen-and-half billion bushels when you add what’s leftover from last year to this year’s harvest. It is projecting about four-point-eight billion bushels of soybeans. That’s a lot of both crops, but University of Illinois agricultural economist Todd Hubbs isn’t worried about running out of space to store it. In fact, the market is urging farmers to go ahead and store both crops at the moment by pricing futures con…

Interviews from the Farm Progress Show

How Harvey Will Impact Fuel Supply Infrastructure
Dave Chatterton, Powerline Group - Champaign, IllinoisMonday Todd Gleason spoke with Dave Chatterton at the Powerline Group about how Hurricane Harvey is impacting the nation’s fuel supply infrastructure.Southern States Crop Tour Review
Jeremy Wilson, Crop IMS - Effingham, Illinois The corn crop in the south is good. Very good in fact. Todd Gleason talks with Jeremy Wilson from Crop IMS.Discussing Dicamba Damage with Robb Fraley
Robb Fraley, Monsanto Company - St. Louis, Missouri Doug Maxwell, Crops Researcher - University of IllinoisMonsanto’s Robb Fraley dropped by the University of Illinois tent at the Farm Progress Show to talk about dicamba and soybeans. Todd Gleason has more…Recruiting Higher Ed Ag Students to Illinois UniversitiesRecruiters from Illinois State, Southern Illinois, Western Illinois, and the University of Illinois are planning to work together to keep more agricultural students in state. Todd Gleason discussed the …

2010 Corn Yields and this Season

Todd Hubbs, Agricultural Economist - University of Illinois
read blog post

Yield is the final factor now in play for this year’s corn crop. Todd Gleason has more on how looking back to the 2010 and 2011 growing seasons might offer some insight.

USDA settled the acreage figure in June…
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USDA settled the acreage figure in June, and while it could be updated for corn in the October Crop Production report, enough of the season has passed for most to be satisfied it won’t change much. This leaves yield as the only determining factor then for U.S. corn production. Right now that is set at 169.5 bushels to the acre nationwide. It could change thinks University of Illinois Agricultural Economist Todd Hubbs. If it does, he says, it might follow a pattern like the corn crop of 2010 or maybe 2011.

Hubbs :40 …under similar scenario with pollination issues.

Quote Summary - The last few years the USDA’s August forecast has been within a bushel of the final estimat…

Owned & Share Cropped Land Making up Cash Rent Losses

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The high price of cash rent for corn ground in Illinois has been a loser over the last three seasons. It looks like that may continue for two more years. Todd Gleason has more on how owned ground, and share cropped acres have been making up the difference.





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Gary Schnitkey, Agricultural Economist - University of Illinois

Assessing the Prospects for 2017 Corn Production

The August Crop Production report surprised many market observers by forecasting 2017 corn production at 14.153 billion bushels. In particular, the corn yield forecast of 169.5 bushels per acre came under scrutiny due to higher than expected yield forecasts in major producing states. The question is whether the corn production forecast will change enough to result in higher prices than those currently reflected the market.



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Todd Hubbs, Agricultural Economist - University of Illinois
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CME Group Provides Scholarships for Agriculture

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Agricultural companies are always on the hunt for good employees, but those with college educations can be hard to find. Todd Gleason reports from the Illinois State Fair that the world’s largest options and futures exchange is hoping to inspire a few more kids to further their education.
The CME Group, for the third year in a row…

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The CME Group, for the third year in a row at the Illinois State Fair, is providing the kids showing the Grand Champion animals $5000 scholarships for their education funds. This year says CME’s Tim Andriesen they’ve upped that ante a bit and will also provide nine $1000 scholarships. He says this is because agriculture will need a lot of really bright people to provide food for the planet.

Andriesen :18 …they are going to develop.

Quote Summary - The U.N. will tell you that there will be nine-billion people to feed in 2050. That is going to require a lot of growth in agriculture. It will r…

NAFTA Negotiations Start Wednesday

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Trade negotiators from Mexico and Canada will gather in Washington, D.C. this week to update NAFTA, the North American Free Trade Agreement. Todd Gleason has more…

The Trump Administration wants to update the 1994 pact… 1:39 radio
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The Trump Administration wants to update the 1994 pact to include data transfer protections, ensure products produced in Mexico comply more closely with U.S. environmental and labor laws, and to reduce the U.S. trade deficit with the NAFTA countries. Traveling in the Midwest last week U.S. Secretary of Agriculture Sonny Perdue voiced a much shorter list.

Perdue :37 …do no harm to agriculture in those negotiations.

Quote Summary - Not all sectors have benefitted equally. We know that. Our vegetable and fruit producers in the south, whether it is in Texas or Florida have not done as well. But the grain guys up here have done very, very well. DDGs and other things are going well. We want to make sure th…

Google Makes $1.5 Million Gift to 4-H

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Google, through its philanthropic arm, has made a $1.5 million gift to 4-H across the nation. The company is providing both funding support and virtual reality equipment to 4-H youth computer science programs. It made the announcement at the Illinois State Fair Friday, August 11, 2017.