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  • Margin Coverage Option (MCO) 2026 Input Harvest Prices
    The Margin Coverage Option (MCO) is an endorsement product introduced last fall and offered to producers for their 2026 crop year (see farmdoc daily September 16, 2025). MCO covers operating…
  • Fertilizer Cost Increases Resulting from the Iran Conflict
    Fertilizer costs in central Illinois have risen significantly following the onset of conflict involving Iran. Based on April pricing compared to the six months prior to the conflict, costs have increased by more than $20 per acre. While many producers may see smaller impacts in 2026 due to pre-purchased inputs, the full effect of these […]
  • Producer Sentiment and Land Value Expectations
    Respondents to the March 2026 Ag Economy Barometer survey who expect land values to decline in the next 12 months are less optimistic about producer sentiment and financial prospects than respondents who expect land values to increase. These respondents are also less optimistic regarding land values five years from now, are more concerned about input […]