Issue 8 - 2016
Fall - B  Edition
In celebration of the 10 0th year of Farm Credit, this is the final "Centennial Chronicle" highlighting significant milestones of the Farm Credit System since 1916.
 

 
Farm Credit College Programs in Dec. & Jan.
Registration Open to Members Now     
 
Learn about crop marketing, risk management, and weather trends at the December program and estate and succession planning in January, for free.

Manage Risk & Optimize Strategies:   (flyer)    (registration)
Estate & Succession Planning 101: (flyer)    (registration)

Farm Fresh Members Market
Promote Your Local Products on FCI's Website

Launching in 2017, FCI's website will celebrate farm fresh retail products grown and sold by members. If you produce retail agriculture products that are sold locally, sign up now to be featured in the Farm Fresh Members Market.
 
 
 
FCI In Prairie Farmer
Study Shows Declining Values for Some Illinois Farmland

As harvest comes to a close, farmers turn their attention to 2017 business planning and possibly upcoming land sales. But are tracts selling for what they're actually worth, or previously appraised valuations? Understanding your area's most recent farmland value study and historical trends can help those considering to place the winning bid or sell to the highest bidder. 

Discover the Farmland Value Trends in Your Area
INTERESTing Times
Are Multi-Decade Lows Coming to an End?
 
The commodities futures market saying, "Buy the rumor, Sell the fact," also applies to interest rates. Following telegraphed intentions by the FOMC to raise the Fed Funds Rate in December, and fluctuations in the market following the presidential election, how much higher will interest rates go, and how quickly? As the market quickly moves ahead of the Fed, will the committee feel compelled to play catch-up with the market?
 
Examine Interest Rates Globally
 
Growing Connections
Meet Bill & Michelle Unland of Cass County
 


Bill & Michelle Unland grow many crops in Cass County, and are known most for their produce. Boasting three high tunnel greenhouses and 15 acres for pumpkins and gourds alone, the Unlands are digging deep to provide local produce to their community.
 
Ag Economy Barometer
Producer Sentiment Dims to 92




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.

 
Staff in the Spotlight
Meet Andrew Alton, Vice President in Sherman



Andrew grew up in Sangamon County and graduated from Rochester High School before receiving his bachelor's degree in agricultural finance from the University of Illinois at Urbana-Champaign, where he was advised by Dr. Gary Schnitkey. Andrew joined the Sherman team as a vice president of financial services on Dec. 30, 2015.

Read Andrew's Q & A Interview

On The Block

Upcoming Farmland Auction Listings
FARMLAND INFORMATION AUCTION INFORMATION
County Total
Acres
Tillable
Acres
Date Time City Weblink
Clinton 241.5 234 11/23/16 7:00 pm St. Rose More Info
Cumberland 120 119.5 11/29/16 5:00 pm Greenup More Info
Logan 157 157 12/01/16 10:00 am Mt. Pulaski More Info
Clay 60 60 12/03/16 10:00 am Louisville More Info
Clinton 40.64 31 12/03/16 11:00 am Trenton More Info
Effingham 120 95 12/06/16 6:00 pm Effingham More Info
St. Clair 115 113 12/06/16 6:00 pm New Baden 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 .
 
Essentials   Raffle & Reactions
Enter to Win One of Ten 900 AMP Jump Starters
Drawing to be held December 19

The Performance Tool's W1665 is a 900 amp jump starter alongside a 300 psi air compressor/inflator and an LED work light. The W1665 includes two 12V power adaptor outlets, an on/off safety switch for jumper cables, and an automatic shut-off.




Congratulations to the winners of the farm safety kits following Issue 7:
  • Amy Secondino of Edgar County
  • C. Don Downen of Gallatin County
  • Craig Cheever of Iroquois County
  • Hank Hilmes of Clay County
  • Harry Jackson of Montgomery County
  • Kody Aldrich of Lawrence County
  • Leo Herzberger of Cass County
  • Lu Green of Vermilion County
  • Ralph Voss of Clinton County
  • Terry Cullivan of Sangamon County
  • Tom Carso of Franklin County
  • William Brown of Macon County
In Issue 7 of Essentials, readers were asked to describe their harvest season report. Here are the results from 215 respondents:

 
Milestones
Honoring FCI Staff Service


A special tribute to employees who reached significant milestones in their years of service to members and rural communities with Farm Credit Illinois since August 20.

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