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Though all operations are different, breakeven prices for corn growers in central Illinois were about $5.27 a bushel in 2023, including costs for land and other expenses, according to University ...
In northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
That annual rate is trending below overall inflation (which accelerated to 2.7% last month) and landed at an average seen during 2008-2019, Bureau of Labor Statistics data shows.
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
Corn was the top crop for subsidy payments prior to 2011. The Energy Policy Act of 2005 mandated that billions of gallons of ethanol be blended into vehicle fuel each year, guaranteeing demand, but US corn ethanol subsidies were between $5.5 billion and $7.3 billion per year. Producers also benefited from a federal subsidy of 51 cents per ...
Channel 7 – Neuquén, an Argentine TV station in Neuquén province; Channel 7 – Jujuy, an Argentine TV station in Jujuy province; Australia. Seven Network or Channel 7, an Australian television network HSV (TV station), a television station in Melbourne, Australia, part of the Seven Network; Belize. Tropical Vision Limited, a Belize news ...
The best sales to shop today: You can still save big with 35% off Bissell's Little Green, 80% off Kate Spade and more
Illinois is one of ten states that account for nearly 85% of the total employee-related debt among all 50 states. At the end of 2022, Illinois had $10,915 in pension liabilities per capita ...