McLean County Farm Bureau

FarmDoc Daily

• Labor Standards
  This article examined labor hours per acre and labor efficiency for crop farms using FINBIN data from 2007 to 2024. Comparing the smallest and largest farm categories, labor hours were significantly lower, and labor efficiency was significantly higher for the large farms. Labor hours per crop acre for the large farms averaged 1.7 hours per […]
• The Number and Composition of Legal Entities Engaged in Farming: Initial Evidence from FSA Payment Files
  Farm payments are intended to aid farmers by supporting incomes, reducing risk, and achieving conservation goals. However, payments may change farmer behavior in ways that are market distorting (Zulauf 2013). Such changes may include the choice of an individual to farm and the choice of the business structure or legal entity by which that individual […]
• Can China Reduce Soybean Import Demand? Evaluating Soybean Meal Reduction Efforts
  China is the world’s largest soybean importer, relying heavily on foreign supplies—primarily from the United States and Brazil—to meet rapidly growing animal feed demand. This article examines whether China’s recent soymeal-reduction policy is putting the country on a path toward greater soybean self-sufficiency. Using multiple data sources, including official Chinese statistics, USDA data, and third-party […]