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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 ...
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. Overall production of corn in the U.S. was 15.1 billion bushels for 2021.
Stateville is often confused with the former Joliet Correctional Center, which closed in 2002. Located in the nearby city of Joliet, the former Joliet Prison is much older and smaller. It is located about 2.5 miles (4.0 km) southeast of Stateville on the corner of Woodruff Rd. and Collins St., across the Illinois and Michigan Canal.
In 1941, E.D. Funk Sr. established Funk Farms Trust. The Trust was formed to operate 3,000 acres of land and to feed approximately 6,000 head of cattle. Today, that land is owned by the descendants of E.D. Funk. [8] [9] [10] The Board of Trustees is composed of four cousins - all descendants of E.D. Funk. Today, Funk Farms has 3 cash crops ...
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In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That's a 12% drop in the last week and a 7% ...
Corn prices on the Chicago Board of Trade dropped from US$7.99 per bushel in June to US$3.74 per bushel in mid-December; wheat and rice prices experienced similar decreases. The UN's Food and Agriculture Organization, however, warned against "a false sense of security", noting that the credit crisis could cause farmers to reduce plantings. [160]