Tools for Increasing Profitability
This online grain marketplace connects producers and agribusinesses to more efficiently buy and sell grain. ISA members get 12 months of free access.
Track assets and liabilities in this free, downloadable spreadsheet.
This calculator from Farm Credit Illinois computes a loan’s payment amount at various intervals based on principal amount borrowed, length of loan and annual interest rate. Also includes the option to print an Amortization Schedule.
This suite of Microsoft Excel spreadsheets is designed to help those in agriculture make better decisions via user-friendly computer programs. FAST aids users in performing financial analysis, assessing investment decisions, and evaluating the impacts of various management decisions.
Basis is the difference between the local cash price of a commodity and the price of a specific futures contract of the same commodity. A simple equation, yet key to improving your profitability. This guide details where and how to use basis information.
Machinery costs, crop budgets, rent data, historic crop returns, and so much more is included in this online handbook by University of Illinois' farmdoc.
Input various data points to understand anticipated crop returns.
Informa Economics tracked changes in soybean basis from July 2015 – early June 2015; the data is displayed here. This information may be helpful for Illinois farmers considering soybean planting and marketing decisions.
Specialty soybeans are in demand, and many earn a premium price in the marketplace. SoybeanPremiums.org connects farmers to buyers. To find premium programs in your area, simply log on, create a user account and search for the right program for your specialty beans.
Includes current and historical figures relating to futures, options, margins and volume reports.