Issue 7 - 2017
Fall - A  Edition
 
Weather Outlook Update
Harvest & Winter Throughout the Corn Belt





Illinois experienced a dry end to the growing season and has seen below-average precipitation this fall. Will the winter months follow suit, or will Illinois receive more weather events than in recent years?

 
Look Forward to Harvest Interest Returns
Projected $2.8 Million Back in Members' Pockets

As farm families bring in the crops, the FCI cooperative is providing some harvest time relief and peace of mind during the busy harvest season with two months of interest return on qualifying loans.


 
INTERESTing Times
Changes at the Federal Reserve Board


The FOMC voted to leave the federal funds rate the same during its September meeting, a decision expected by the markets. With current and potential vacancies on the Federal Reserve Board, will these meetings lead to unexpected or more aggressive policies? And how does the president play a role in the process?

Harvest Time Meals to Farm Families
Thousands Fed at FCI Harvest Feeds
 

Lawrenceville Meals in the Field Event

FCI regional offices hosted 89 events the weeks surrounding National Farm Safety & Health Week. More than 7,000 farmers, neighbors, family members, and workers were served hot lunches at Meals in the Field and elevator and community grill events.

On The Block

Upcoming Farmland Auction Listings
FARMLAND INFORMATION AUCTION INFORMATION
County Total
Acres
Tillable
Acres
Date Time City Weblink
Monroe 87 63.8 10/07/17 1:00 pm Waterloo More Info
Jasper 40 19.2 10/19/17 6:00 pm Newton More Info
Madison 22.54 16.7 10/20/17 12:00 pm Edwardsville More Info
Clay 80 24.5 10/24/17 6:00 pm Louisville More Info
Fayette 100 95 10/26/17 10:00 am St. Elmo More Info
Jasper 100 100 10/27/17 2:00 pm Newton More Info
DeWitt 55.79 55.75 11/10/17 10:00 am Wapella 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.
Focus on Farming Photo Contest Complete
Thanks to All Who Entered

The 2018 Focus on Farming calendar contest ended Aug. 24 with a record 430 entries from talented photographers showing agriculture and rural life at its best. Enjoy a slideshow of all entries, featuring the 53 finalists shown first. Keep capturing moments throughout the seasons and enter your best images next year.


 
 
Growing Connections
Meet John & Kiersten Schoen of Red Barn Farm Meats




Named after the iconic red barn built by John's great-grandfather, the Schoen family farm gives a nod to traditional practices while their marketing strategies embrace the latest communication tools and are helping turn this side gig into a full-fledged, money-making business.

 
Price Check
Land Sales in the Last 90 Days


The Price Check listing includes sales results of 46 different parcels of farmland reported since June 29. These sales are from public auctions which concluded with successful bids; they represented 2,157 total acres in 22 different counties selling for a grand total of $24.2 million with an average price of $4,206 per acre. The sales ranged from a high of $12,700 per acre for 34 acres in Effingham County to a low of $1,525 per acre for 200 acres in Pope County.


 
T.I.P. Technology & Information Protection
Keeping Your Information Secure in a World of Breaches



Data leaks are constant in today's connected electronic world, such as the most recent Equifax breach which affected an estimated 143 million Americans. 

FCI actively takes steps to secure your confidential information by:
  • Exchanging sensitive information using only secure methods
  • Tightly controlling and monitoring online banking transactions
  • Requiring additional identification verification for transactions not made in person
In turn, you should take steps to protect yourself from hackers by:
  • Using strong, unique passwords that are inaccessible to others
  • Routinely monitoring your account activity through monthly statements or online banking
For additional Technology and Information Protection (T.I.P.s), visit www.farmcreditIL.com/tips.
Another Farm Progress Show in the Books
FCI Member Wins Kubota RTV     
 

FCI's Andrew Alton, Sherman vice president of lending, 
delivers the Kubota to Bob Meeker's home in Emden

Five Farm Credit entities joined together to sponsor the 2017 Farm Credit Tent at the Farm Progress Show. Visitors enjoyed live musical performances from Jericho Woods, cold water, and a chance to win prizes. Bob Meeker of Logan County, and FCI member, was the winner of the Kubota RTV 500 out of more than 1,600 entries.
Farm Fresh Members Market    
Find Local Products on FCI's Website

Looking for a u-pick pumpkin patch or apple orchard this fall? Wishing more people would visit your business? Visit the Farm Fresh Members Market on FCI's website to promote your farm's products or locate an FCI member-owner's farm near you offering fresh, local food.


 
Essentials   Raffle & Reactions
Sign Up to Win One of Ten Farm First Aid Kits
Drawing to be held October 18

Here's a chance to win an "essential" to keep within reach throughout the harvest season. The durable and weather-resistant kit is specifically designed for farm injuries.


Congratulations to the winners of the 64 oz. Yeti Ramblers following Issue 6:
  • Bob Edwards of Sangamon County
  • Dan Anderson of Iroquois County
  • David S. Brown of Piatt County
  • Judy Steele of Madison County
  • Michael Short of Ford County
  • Mike L. Lewis of Saline County
  • Todd Wachtel of Effingham County
  • Troy Atwood of Wayne County
  • Walter Krysnoski of Monroe County
  • William Reidelberger of Perry County
 
In Issue 6 of Essentials, we asked readers where they get their market reports. Here are the results from 527 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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