Issue 1 - 2018
Young & Beginning Farmer Forums
Register Today for Workshops This Week   


Make time to re-charge and re-set with farmer-peers at the young and beginning farmer forums. Anyone up to 40 years of age or in their first 10 years of farming is welcome to attend the free learning workshops. FCI will announce its new FreshRoots young and beginning farmers program following the program.

Register for One of Two Forums
Attention Youth: Scholarships & Grants Available
Applications Available Online 
Is Your Crop Insurance Right for You?
Renewal Checklist


Falling behind on the annual changes to the federal crop insurance program can mean farmers are leaving money on the table. Before renewing existing policies, talk with your agent about how the changes can affect your operation.

 
Weather Outlook Update
Continued Dryness Raises Early Concerns



December 2017-January 2018 snowfall is well above previous season levels. However, portions of Illinois and parts of the Plains have slipped into drought stages. If conditions in the Plains continue, Illinois farmers should keep an eye out for this drought to spread north and east from June-August.

 
Will Spring Rains Relieve Drought Concerns?
 
T.I.P. Technology & Information Protection
Keep Your Personal Information Safe at Home



You cannot rely on technical wizardry to protect your own personal information. Discover precautions and tools you can use to make sure your own behavior and practices keep you secure.
 
 Information Safety at Home
 
Financial Snapshot
Annual Business Results



 
Price Check
Land Sales in the Last 90 Days



The Price Check listing includes sales results of 61 different parcels of farmland reported since October. These sales are from public auctions which concluded with successful bids; they represent 5,309 total acres in 23 different counties selling for a grand total of $38.1 million with an average price of $4,020 per acre. The sales ranged from a high of $13,500 per acre for 83 acres in Morgan County to a low of $2,050 per acre for 100 acres in Pulaski County.



On The Block

Upcoming Farmland Auction Listings
FARMLAND INFORMATION AUCTION INFORMATION
County Total
Acres
Tillable
Acres
Date Time City Weblink
Lawrence
30
30
02/13/18 3:00 pm online bidding
Effingham
131
110
02/15/18 6:00 pm Teutopolis
Hamilton
318
294
02/23/18 10:00 am McLeansboro More Info
Jasper
129
93
02/24/18
9:00 am St. Marie More Info
Shelby
40
40
03/01/18 10:00 am Strasburg More Info

Farm Credit Illinois maintains a  list of upcoming farmland auctions submitted within the Association's 60-county marketplace. The listing can be found at  www.farmcreditIL.com .
Submit an upcoming auction at  www.farmcreditIL.com/auctioninfo .
Endowment Increased to farmdoc
$400,000 Gift Grows FCI's Annual Support
 

FCI's farmdoc endowment now provides more than $30,000 of program support annually on behalf of its cooperative membership to a cutting-edge initiative which provides tools and resources to equip farmers to make better farm management decisions, especially during the tightening of today's Illinois farm economy.

 
Ag Economy Barometer
Producer Sentiment Decreases to 126




The Ag Economy Barometer measures the health of the U.S. agriculture economy with an index value based on a survey of agricultural producers on economic sentiment. A score of 100 means producer sentiment is unchanged from the six-month baseline research period; a score higher than 100 means sentiment improved from the base period; a score lower than 100 means sentiment declined versus the base period.

Learn More About the Barometer's Latest Reading
 
Essentials   Raffle & Reactions
Enter to Win One of 10 Winter Road Assistance Kits
Drawing to be held February 20

The AAA 65-Piece Winter Severe Weather Road Assistance Kit is specially designed to deal with cold-weather emergencies. This economical kit has all the basics to keep you warm and assist in fighting ice and snow.



Congratulations to the winners of the jump starter units following Issue 8 of 2017:
  • Brian Dart of Crawford County
  • Bryan Litteken of Clinton County
  • Chris Lueking of Jefferson County
  • Eric Hansen of Greene County
  • Jess Smithers of Macon County
  • John Halloran of Edgar County
  • Kris Kappenman of Macon County
  • Linus Schumacher of Cumberland County
  • Mark Klemme of Iroquois County
  • Michele Hubert of Randolph County
 
In each issue of Essentials in 2017, readers were asked their favorite part of the newsletter. Here are the results from 917 total answers:

Farm Credit Illinois | 877.327.6345 | info@farmcreditIL.com | www.farmcreditIL.com
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