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Special Report: Illinois pig farmers brace for implementation of Proposition 12

PEORIA, Ill. (WMBD) A shakeup on the pork shelves at the grocery store is coming as local pig farmers prepare for the January 1 implementation of a California animal welfare law mandating larger space requirements for pigs, cows and chickens. The fourth largest in the country, Illinois' pork industry contributes nearly $14 billion to [.] ....

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Cheaper Fertilizer Lowers Corn Production Costs for 2024, But Soybeans More Likely to be Profitable

USDA expects the cost of raising corn and soybeans to decline in 2024. While that means growers will pay less to raise their crops, lower commodity prices are expected to make turning a profit difficult. ....

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Comparing rents for 2024 profitability

Recent crop budget and return projections for the 2023 and 2024 crop years show the potential for much lower, and potentially negative, returns to corn and soybeans across Illinois. ....

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Lawmakers eye crop insurance expansion

Lawmakers are looking at boosting subsidies for supplemental, area-based crop insurance policies to induce growers to buy higher levels of coverage, which could potentially reduce the demand from farm groups for ad hoc disaster assistance. ....

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3 Big Things Today, October 23, 2023

Soybean Futures Down Overnight; Investors Cut Net-Shorts in Corn ....

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