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CME Group establishes new variable limits for grains
The new variable price limits go into effect May 1. Soybean limit expands to $1.00/bushel, but corn limits will be reduced to 35 cents/bushel; wheat down to 45 cents/bushel.
Federal grants available for specialty growers
Illinois will receive $654,970 in federal grant money for programs that support specialty crop growers, USDA announced last week.
Is there an advantage to more corn acres in your rotation?
Four of the five years data indicate that while there is an advantage to revenue that is associated with an increasing percentage of corn, higher costs offset some of the gains.
Exports, ethanol production drive gains in corn demand
Watch our video with U of I ag economist Darrel Good.
Final farm bill webinar held
You can view all of the IFB farm bill webinars by going to our Videos section on the main navigation menu.
Dicamba-tolerant crops still in works
Monsanto remains "on track" to commercially introduce dicamba-tolerant soybeans and cotton in 2015, according to company officials.
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Percent Planted
Percent Planted for: Corn - IL
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Data from USDA/NASS