Issue 1 - 2017
Winter - A  Edition
 
INTERESTing Times      
Expectations for Fed Policy in 2017 & Beyond

The recent vote to increase interest rates was met with stride by the market, but what does this decision say about the state of the U.S. economy and federal debt levels? How much more are rates currently expected to climb in the next few years?

Staying Power        
The Roller Coaster of Ag 



Whether riding a roller coaster or working in the ag industry - what goes up must come down. Just as you would with a roller coaster, you must prepare yourself for the twists and turns. Following best practices during the good times provides a farming operation with staying power during the downturns Over time, FCI has observed commonalities among those operations that have endured the peaks and valleys, with proven staying power.

 
Learn the Keys to Enduring the Ride
 
Focus on the Future at a Fielding Forward Meeting   
Learn about the Outlook and Opportunities for the 2017 Growing Season


As you begin planning for the upcoming growing season and beyond, hear from an industry expert on a topic crucial to your farm business. Presentation topics include grain markets, agronomy, weather trends or farmland values, and managing finances. Plus, FCI risk management staff will review 2017 crop insurance updates and options, and Todd Gleason, WILL farm broadcaster, will moderate many of the programs. There's no cost to attend and a meal will be served in each of the 14 locations.
Farm Fresh Members Market to Launch in 2017
Promote Your Local Products on FCI's Website

There's something special about biting into a juicy peach or crunchy cucumber, or smelling a bouquet of flowers picked fresh and in peak season. Help FCI celebrate food grown and sold by FCI member-owners. Sign your business up to be featured on the Farm Fresh Members Market on FCI's website today.
 
 
 
 
Financial Snapshot
4th Quarter Business Results


 
Price Check
Land Sales in the Last 90 Days


The Price Check listing includes results for 116 different farmland auctions reported since the last results were published in October. These 116 public auctions concluded with successful bids and represented 8,725 total acres in 33 different counties selling for a grand total of $68.5 million with an average price of $7,850 per acre.


FCI & System Partners Fund Feedbarn
at Fair Oaks Farm
Children's Dining Hall to be Dedicated in May
 

A  $500,000 donation from five Farm Credit institutions helped build the Feedbarn, a children's dining hall on the Fair Oaks Farms campus. An agri-tourism destination in northwestern Indiana, Fair Oaks Farms provides youth and adults opportunities to learn about modern farming practices that go into food production. The new building provides a place for students and families to enjoy a meal during their visit. The Feedbarn is also equipped with educational resources on agriculture and sustainability.

Attention Youth: Funding Available
Scholarships & Community Improvement Grant Applications Online
 
Time Capsule Honors Farm Credit Centennial Year
Cooperative Buries Memorabilia to be Opened on System's 150th Year


FCI employees marked the end of the Farm Credit centennial by burying a time capsule in Mahomet filled with memorabilia and 2016 artifacts. The capsule is to remain buried and sealed until Farm Credit celebrates its sesquicentennial in 2066.


On The Block
Upcoming Farmland Auction Listings
FARMLAND INFORMATION AUCTION INFORMATION
County Total
Acres
Tillable
Acres
Date Time City Weblink
Clay 161.47 145.48 01/18/17 12:00 pm Flora More Info
Macon 625 625 01/19/17 10:00 am Macon More Info
Clinton 79.41 53 01/19/17 7:00 pm Carlyle More Info
Monroe 100 43 01/28/17 10:00 am Prairie Du Rocher 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 Winter Road Assistance Kits
Drawing to be held January 23

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 you in fighting ice and snow.



Congratulations to the winners of the farm safety kits following Issue 8:
  • Andrew Murray of Jersey County
  • Carla Brown of Macon County
  • David Berry of Richland County
  • David Sigrist of Fayette County
  • Gene Heap of Champaign County
  • Harvey Bally of Sangamon County
  • Jodi Neumann of Madison County
  • Kevin Luthy of Randolph County
  • Randy Grafton of Edgar County
  • Russell Wangen of Sangamon County
 
In Issue 8 of Essentials, readers were asked how much turkey their families consume of Thanksgiving. Here are the results from 561 respondents.

 
Welcome Aboard
Get to Know FCI's Newest Team Members

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