NEWS
Multi-Year Losses Spur Concern
Marcia Zarley Taylor DTN Executive Editor
Wed Jul 22, 2015 04:05 PM CDT

INDIANAPOLIS (DTN) -- The recent corn-soybean price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it won't erase the string of negative returns the industry is accumulating, lenders and financial consultants tell DTN.

An online article released by University of Illinois economist Gary Schnitkey this week estimates that growers enrolled in the state's farm business records program will average just $15,000 in 2015 net income, down from the $200,000-per-farm average in 2010-2012. That's for an average Illinois 1,500-acre corn and soybean grower in the database, although it is representative of the 5,000-acre-and-up members, he added. ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
Ag Interest Rate Snapshot
ADM Earnings Fall
Senior Partners - 4
Batten Down the Hatches
Minding Ag's Business
Minding Ag's Business
DuPont Trims Outlook on Ag Weakness
Woodbury: Farm Family Business
Hearing on Railroad Revenue Adequacy
Minding Ag's Business