Both locations will continue to service the communities by way of their agronomy sales. "2020 Iowa Farm Custom Rate Survey." = 28).
USDA This can be a way to reduce capital demands and cover one of the necessary harvest job tasks without the added labor costs of an additional farm operator. Raising soybeans reference price to this level would have large budgetary impacts for the next Farm Bill. Given all that, its increasingly problematic for producers under about 1,500 acres to handle the increased costs associated with trucking grain an extra 20 to 40 miles, let alone finance extensive capital improvements such as bins on their own farm, he said. The following modifications would provide more targeted benefits to soybean producers: Both modifications would result in benefits (larger or more likely program payments) when market prices move further above statutory reference price levels. For farms with fields in multiple locations, optimal harvest timing may not be reached in a logistical order. Infested 10 cents/bushel The machinery cost estimates include overhead, fuel, and labor. There were 1,022 grain barges unloaded in New Orleans, 13 percent higher than the previous week. Farms may have some of the equipment needed already and it may be fully paid for and fully depreciated. When thinking about the possibility of hiring a custom operator, there are several other factors to consider. farmdoc daily(9):178,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,September 24, 2019. Clay County farmer and insurance agent Scot Rubeck said for him and a number of his neighbors, this will be the last growing season, and the lack of access to local grain elevators going forward is a major factor in that decision. Beginning Farmers, Ranchers Increase As Total Farm Numbers Decrease, USDA: Number of U.S. Farms Decline; Farm Size Grows Slightly, Rural Heroes: John Deere Supports Volunteer Firefighters With Documentary Film, The Electric Farm: Rick Rottinghaus Plots A Future Beyond Gasoline And Diesel, Mississippi River Flooding Expected to Peak at the 7th Highest Level Ever Near Quad Cities Next Week, Consistency Key in Thrips and Nematode Protection in Cotton, Arkansas Future Ag Leaders Tour Offers Professional Development, Networking Opportunities For College Students, 6 Steps To Keep Ag Aviation Operators and Drones Safe, Groups Work to Streamline Technical Service Provider Credentials with Other Accreditation, 340 Stakeholders Plead for Ag Research Infrastructure Funding in the Farm Bill, 4 Items EPA Discussed this Week that Will Impact Producers, Arkansas Rice Farmer Testifies Before Senate Ag Subcommittee on Farm Bill Conservation Programs. When compared to other crops, soybeans statutory reference price is low. Post Application Coverage Endorsement Tool (Sheet), Balance Sheet & Historical Financial Statements, Briomass Crop Budget Tool Miscanthus & Switchgrass, Illinois Soil Productivity & Yield Utilities, Farmland LEasing Facts Sheets & Pricing Information, Schnitkey, G., N. Paulson, C. Zulauf and J. Baltz. }Q~;O@4miP5BE7ymQwE#w,WH%)Q [C\mi@6V+27[g*@KU2+%xB.>^dfwWkrqr?nefuL The only good news he could see is that the decision to close might create an opportunity for a smaller organization to perhaps open an elevator service to fill the gap. The economic cost of harvesting corn is $37.61 per acre, within $2 per acre of the custom rate average and median. 3.5 cents per point of moisture, per bushel, removed above 24.0%, split on half points DRYING RATES WILL BE APPLIED TO WET BUSHELS DRYING Schnitkey, G., K. Swanson, C. Zulauf, N. Paulson and J. Coppess. This represents a 27-percent decrease in outstanding 2 cents/lb below 51.0, Sour 5 cents/bushel Roughly 60 percent of U.S. grain is transported by truck (according to USDAs Agricultural Marketing Service), and well-functioning roadways are essential to sustaining low transportation costs and the competitiveness of U.S. grain. VP`7_3!Pkz[};qo(K6,P1!Hp
d~ag_8]O(d9|q-e%K
yL>h|%V$CnJJIo*v cY`V$X2^.(3A{|+
ef&\poep*7pw u Gw /h$Xd'D7a|8sP&T"FPwlw):Jlpxxa@EZ8dhO 0R'w[NlI/q6iC h3a8IjZOM c3
jjpA7v`e|?kA2C' Rn1_U'Gc7x6[|8I}{ZW]}7fl,1+~_QX)x,V]9FC)d3QYK(QkXyq'wF;zh 29yr_*$b$9f" 2885 0 obj
<>stream
This is particularly problematic for farmers who cash-rent their ground for a fixed price. WebCost per bushel is useful when producers are comparing marketing alternatives. As shown in Table 2, the economic cost per acre is dependent on acres to harvest and size of combines and heads, a larger combine used on more acres can have the same per acre cost as a smaller combine used on fewer acres. Rubeck harbors no ill will toward the cooperative and said hes always liked their employees. Total grain inspections were down 10 percent from the previous week, up 37 percent from last year, and up 34 percent from the 3-year average.
2023 Iowa Farm Custom Rate Survey - Iowa State University Corn triggered in 56% of the years. Table 1: Grain Transport Cost Indicators (xlsx) - Weekly changes in truck, rail, barge, and ocean freight rates using diesel prices, nearby secondary rail market rates, Illinois barge rates, and ocean freight rates from U.S. Gulf and PNW to Japan as proxies.
Cost Management: Harvest Operations - farmdoc daily Food grain: At 120.4, the index for February increased 4.8 percent from the previous month and 35 percent from a year ago. On 1100 that would be 33 bushel X 6.50 that would be 215 -60 for A seemingly comparable figure is the rate for hauling to market five miles away with an average and median at $0.10 per bushel, and rates ranging from $0.05 per Zulauf, C., B. The 2021 season may well be remembered as one where irony was the top crop harvested. More beneficial improvements likely come from changes to ARC-CO or the effective reference price mechanism. When it comes to outsourcing harvest operations, often this is the first choice for a number of reasons. Schnitkey, G., C. Zulauf, N. Paulson and J. Baltz. Brian Boyce is an award-winning writer living on a farm in west-central Indiana. farmdoc daily(12):97,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,June 29, 2022. For example, increasing all crop reference prices by 5% would benefit those crops already having a higher chance of receiving PLC payments at current reference price levels, exacerbating the budgetary impacts of such a change. Going forward, he said more troubles could still be at hand for producers not just in Clay County, but across the country as the cost of inputs are projected to increase for 2022 and perhaps 2023, with no guarantee that crop prices will match these costs. If you dont have a big cart and at least 2 combines, I charge $100/hour from the time you tell me to be there, until I get either home or to my next load. In September this year, the Ag Economy Barometer, a nationwide monthly survey of producers, reported a drop of 14 points to a reading of 124, the weakest sentiment of farmers since July 2020 when it hit 118 amid the first big wave of COVID-19 quarantine measures.
Web4.0 cents per point of moisture, per bushel, removed from 19.1 24.0%, split on half points. Meanwhile, the smaller farmers will be facing a much costlier barrier, and what elevators do wind up receiving the grain will see their own costs rise due to longer lines. Inspections of wheat dropped notably from the previous week as shipments to Asia and Latin America decreased. USDA Releases Report Showing Manures Use By Crop, U.S., Five Other Ag Exporting Countries Say India Is Vastly Underreporting Its Wheat, Rice Subsidies, Ag Credit Tightens with Rising Interest Rates and Following Bank Collapses, Ideas Big and Small: Create a Culture of Creativity on Your Farm, Dust Bowl 2.0? Improvement in outlook could come from higher prices, above trend yields without lower prices, additional government aid, cuts in costs, or some combination of those. 3.5 cents per point of moisture, per bushel, removed above 24.0%, split on half points. But that simply hasnt been typical of small town U.S.A. over the years, where the trend has been moving toward farmers building their own larger storage facilities. Farms that own a grain drying and storage facility may have additional incentive to do all harvest operations themselves. Unfortunately, input costs rose dramatically this year, too, as inflation soaked the economy.
Service Rates 3.3125%. To get to the average historical payment performance of the eight other large program crops, soybeans reference price would need to increase to $10.10, an increase of 20%. The additional cost associated with that drive is just one too many, Rubeck said. Custom rates survey : grain harvesting operations, Grain--Harvesting--Statistics--Periodicals, identifier-ALIS-catno | ALIS catalogue number, identifier-NEOS-catkey | NEOS catalogue key. All grain delivered during the harvest period will be stored each Thursday evening unless prior arrangements have been made. However, the ability to outsource is dependent on finding a custom operator and getting the work done in optimal timing. WebA typical rate is an initial charge of 9 to 16 cents per bushel for the first 3 months of storage and an additional charge of from 2 to 4 cents per bushel for each additional month. Its already bottle-necked a little as it is, he said, noting this is why many of the bigger outfits simply haul their own grain greater distances, some all the way down to the barges near Evansville. When combines or grain carts are used on fewer acres than those referenced, the cost of operation rises.
Schedule of Rates - Goodwine Coop Peanuts: To trigger in 100% of the years, soybeans statutory reference price would have to be above $14.00, the current FSA projection for the 2022 MYA price. To calculate the tax rate for qualifying transactions, subtract 5.00% from the sales tax rate that would normally apply at the location where the purchase is made. If this is not occurring, another option may be lower cost. These cost estimates can be useful when performing a harvest operation for another individual.
Grain Hauling Average A seemingly comparable figure is the rate for hauling to market five miles away with an average and median at $0.10 per bushel, and rates ranging from $0.05 per bushel to $0.20 per bushel. The effective reference price is the maximum of the statutory reference price ($8.40 per bushel for soybeans) and 85% of the five-year Olympic average of MYA prices, lagged one year. Wheat triggered in 67% of the years. Raising soybeans statutory reference price of $8.40 to levels comparable to other crops will be difficult. 0.3% of price/point from 2.1 5.0 Another consideration is owning equipment that is sized appropriately for acres and production. "The Price Loss Coverage (PLC) Option in the 2018 Farm Bill." This publication presents a summary of custom work and rental rates.
Machinery Cost Estimates: Harvesting - farmdoc If looking to outsource a harvest operation, consider outsourcing trucking, particularly for farms that dont have extra operators and those hauling direct to a market. But with the spike in fertilizer prices this year and the increased certainty of higher costs next year, the prospect of a big capital expenditure on the grounds could be risky.
Moving Grain: 2020 Operational Costs of Trucking AgFax Inputs are going to be significantly higher next year. Are Crop Insurance Net Indemnities and Commodity Program Payments Countercyclical?
Harvesting Corn: What Grain Moisture 21-30 miles to
2020 hY]oF+R}zwfg? The streamlining measure will allow States to quickly repair highways and interstates needing immediate attention. Disclaimer: We request all readers, electronic media and others follow our citation guidelines when re-posting articles from farmdoc daily. Under the 2018 Farm Bill, farmers made commodity title choices for: ARC-IC use of 6% was relatively high in 2019 and 2020 because of the prevalence of prevented planting associated with widespread flooding during the 2019 spring planting season (see Figure 1). Given the close comparison of economic costs to custom rate costs, it likely would not make sense for a farm to hire a custom combine or grain cart if those pieces of machinery are already owned unless the farm plans to make a long run decision to change approach and sell the equipment. Corn: To trigger in 56% of the years, soybeans statutory reference price would have to be above $9.40, 16% higher than the current statutory reference price. The Netherlands, Gateway to Europe, Hosts Trade Mission, Thompson On Cotton: A Turnaround Thursday, Division of Agriculture Releases High-Yielding Clearfield Medium-Grain Rice Variety Amid Increased Medium-Grain Demand, Mizzou Researcher Uses Gene-Editing Tool To Improve Productivity In Rice Crops, USDA Still Accepting 2022 Census of Agriculture Forms From Southern Producers, Cotton Growers Gather To Celebrate High Yields, Induction Into BASFs FiberMax One Ton Club, Farmers Business Network Releases Industrys First Artificial Intelligence Ag Advisor, USDA: Weekly National Posted Prices for Peanuts, Punishing Drought Now Expected to Persist Through July Across Texas, Plains, Federal Reserve: Observations on the Ag Economy- April 2023, Brutal Blast of Cold Set to Bring Widespread Freeze to the Western Corn Belt and Plains, Peanut Innovation Lab receives $15 million, Farm Like A Banker: How To Fund Your Farm In A Rising Rate Environment, Trend Watch: Americans Choose Rice-Dominant Cuisines as Favorite Foods, Kind Snacks Tests Regenerative Agriculture and New Technologies for Almond Farming, Stamp Out Entitlement: Develop Ownership Criteria For Your Farm, USDA Release Report Showing The Use Of Cotton By Consumers, Farm Credit Issues Report On Current Ag Economy, Condition Of Its System, What We Now Know About What Caused the Large Fire at a Texas Dairy Farm. Farmers who hire a custom operator may not be able to find an operator who can harvest in optimal timing, or may not be able to find an operator who is willing to switch between crops or follow an order of maturity. The desirable moisture level for harvested soybeans is 13% moisture. ARC-CO payments are capped at 10% of benchmark revenue. WebFrequently, harvesters include an additional charge per bushel to customers with high yields. As a result, PLC has yet to be an effective risk management program for soybeans. This results in grain cart overhead of $3.21 per acre ($6,096 yearly costs from Table 4 divided by 1,900 acres). The economic costs of owning and operating a grain cart exceed even the maximum reported custom rate for corn, and are near the upper end of custom rates reported for soybeans. WebA typical rate is an initial charge of 9 to 16 cents per bushel for the first 3 months of storage and an additional charge of from 2 to 4 cents per bushel for each additional month. WebCustom Trucking Freight Rates. Open storage and warehouse receipts are shrunk to 14.0% moisture, Corn Drying 5 cents/point of moisture above 15.0%, based on half points, from 15.1 19.0.0%, 4 cents/point of moisture, based on half points, from 19.1-24.0%, 3.5 cents/point of moisture, based on half points, above 24.1%, Damage 1 cent each point of damage above 5%, to 7.0%, 2 cents a point from 7.1% to 10.0% With a record demand for Chinese grain due to global weather issues and the COVID-19 quarantine, compounded by international supply chain snarls, corn prices per bushel were $5.77 at Novembers end with soybeans at $12.64. The effective reference price is capped at 115% of the statutory reference price or $9.66 for soybeans (8.40 x 1.15 = 9.66). WebIf 1,000 bushels are hauled each trip, the price at the second location would have to be ($208 / 1,000 miles) = $.208 per bushel higher to make up for the greater hauling cost. These are record times that were in front of, he said, noting the yields and prices. The quality of data is dependent on the cooperation received by producers as well as commercial custom operators. Custom trucking is generally less challenging to hire than other harvest operations. And then in August, farmers in west central Indiana learned that news that one of the states leading cooperatives was going to cease accepting grain at two locations. "Release of 2021 Crop Budgets."
Sales Tax Rates for Fuels - California Moreover, raising one crops reference price while keeping the other crops statutory references prices fixed could be politically problematic. ]j0IGH#wC.Sr>82:8wN|f%E"a;D"Wt(@=X( \.q5;%z_wloyWb}AE,m/BjE&fRAM.Bv @[o|vwvf^oVku8fj6JPKjU :tP`&j*IUNlJ9&7&d0i[wISndSU{uq^r[nYOa!6F.5afU&Emv]erbxbkDJKN0ry)G-uIY)7Z2?vjvnsU|?J(-I7c!J[r=,cup,x{CE~r+/OZ3$|my7Mw)Gn@XI 7c S] ` c1`^>c ic9t{yQ These high percentages can be attributed to the fact that PLC made no payments on soybeans since its inception in 2014, and expectations for the marketing year average price to remain well above the reference price at the time of enrollment for both the 2021 and 2022 crop years. Website designed and hosted by Kestrel Website Design | Ag Website Design Specialists, Kestrel Website Design | Ag Website Design Specialists.
of Corn and Soybean Production in 2020 A comparison of the two sets of rates provides a baseline that can be used to evaluate costs of owning equipment and performing harvest operations versus outsourcing. From 2019 to 2022, the average cropland for grain production value increased 128%, from $1,875 to $4,271 per acre. WebIndustrial Hemp Grain Production Budget Estimated costs per acre, conventional tillage, Pennsylvania, 2018 Item Quantity Unit Price Total Your Estimate Variable Costs Custom operations Soil test 1.0 acre $2.00 $2.00 Combine small grain 1.0 acre $33.10 $33.10 Grain hauling 320.0 bushel-mile $0.04 $12.80 For a detailed statement, please see the University of Illinois Copyright Information and Policies here. Department of Crop Sciences, University of Illinois at Urbana-Champaign, September 16, 2017. From 2014 to 2023, the MYA price for soybeans has never been below $8.40 (see Figure 2). The per-hour charge includes one man, vac-u-lator machine, and fuel. ", PLC and ARC-CO for Soybeans: Payments and Perspectives, 2014 Farm Bill: The Supplemental Coverage Option, The Price Loss Coverage (PLC) Option in the 2018 Farm Bill, ARC-CO: Background, Payments, and Perspectives for Corn, ARC-IC: Payment Examples and Revised 2019 ARC-IC Payment Calculator, The Agricultural Risk Coverage County Level (ARC-CO) Option in the 2018 Farm Bill, The Case for Looking at the ARC-IC (ARC-Individual) Program Option, Effective Reference Price Past and Future, Farmland Prices in Brazil More than Doubled in the Last Three Years, Department of Agricultural and Consumer Economics, Department of Agricultural, Environmental and Development Economics. endstream
endobj
2887 0 obj
<>stream
On a 900 bushel load, that would give me 27 bushel. %PDF-1.7
%
<>
As a result, ARC-CO payments occurred in many counties. For example, a generational family farm may have different levels of ownership, own separate pieces of machinery, or have acreage shares that dont align with ownership, and these costs can be used as a resource for settling with other farm members. Because of the capital investment needed for harvesting equipment, the decision on how to manage harvest operations will generally be a long-run decision. In 2018 the extra charge was averaged $0.226 per bushel of grain sorghum for yields greater than 48 bushels per acre. Corn production for 2021 is forecast to exceed 15 billion bushels, with beans at 4.45 billion, and average yields of 176.5 and 51.5 bushels per acre, respectively. Other grades subject to market discounts. endobj
The equipment needed to harvest can be costly to own and operate, particularly when purchased new or relatively new. There were no non-shuttle bids/offers this week. Harvest decisions may also be dependent on requirements of a landlord or business owner. And while interest rates for ag-lending are favorable right now, a sudden drop in crop prices could leave even the bigger farmers in the lurch. These rates are only intended as a guide. A yield well below benchmark yields needed to occur before ARC-CO made payments. Drying costs (on farm) usually run about $0.040 per point of moisture (per bushel). "Cash Rents in 2020 and 2021." U.S. Class I railroads originated 27,950 grain carloads during the week ending December 5. WebThe total number of bushels in one load can not exceed 1,200. due to weight restrictions per load imposed by the Tennessee Department of Transportation (80,000 lb maximum). That said, a local elevator is always good to have around for the larger farmers who rent smaller fields in remote areas. eA@
ct1(qOJ=_V! , ypVCD_<9tZA
O.kkJGQGMFR'/.~i*Aiqt/WOtOym]0|xC4K^tyQ4s#s0 %q04#7CT;X8;2K(oxFuI`=Q)6E;*pQi3p#34vAGN9#24X
,FKh`i44Y%ml'Y8o9(B>S{/ t
Most of the farmers in the 1,500- to 1,800-acre category already truck greater distances depending on prices. 5 cents a point above 15.0%, Foreign Material 2 cents each point from 3%-5% The lowest MYA prices of $8.48 in 2018 and $8.57 in 2019 occurred during the trade war with China. The problem in ag, he said, is smaller producers continue to lose out and at some point, there might not be any at all.
Nebraska Based on the above comparisons, the following suggestions result: Further note that that these decisions are longer run in nature as well. Topflight Grains Vision: To become Illinois best cooperative measured in customer satisfaction, volume, storage, revenue, and pride.
Farmland Prices in Brazil More than Doubled in the Last Three Grain hauling costs vary greatly depending on the distance to the storage location, the type of storage location, and the time it takes to unload, among other factors. I am getting 1/2 penny per bushel per mile. Litz said hes been having conversations with his ag clients since the announcement was made. When breaking down the costs of production, the ISU "ARC-CO: Background, Payments, and Perspectives for Corn." For example, if the custom rate for chopping, hauling and storing silage is $10.00/ton, the value of the standing silage to the buyer is reduced to $41.23 - $10.00 = $31.23 per ton, or $624.60 per acre. Planting and drilling rates appear to have increased approximately 7% to 10%, and harvesting rates range from 3% to 25% higher in 2020 from 2018. Male Posted October 8, 2021 16 hours ago, TeachersPet1066 said: Size and associated cost of the combine or grain cart are also factors. WebIn Table 5, the 1,000 bushel grain cart is assumed to be used on 1,900 acres. "ARC-IC: Payment Examples and Revised 2019 ARC-IC Payment Calculator."
CITY OF SAN JOSE, CALIFORNIA Web2021 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm Based on the combined fertilizer and fuel cost increases, cash costs increased $0.58 per bushel (from $2.28/bushel to $2.86/bushel) for the dryland corn budget using a 145-bushel yield and $0.66 per bushel, increasing from $2.16/bushel to $2.82/bushel for the irrigated corn budget with a 245-bushel yield. Consider timing and the resulting impacts on costs and revenue that are expected to determine the best fit for the farm. farmdoc daily (10):147, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, August 11, 2020. Plastina, A., A. Johanns and O. Massman. However, mature soybeans can dry quickly, in a matter of hours, rather than days. Ag Decision Maker A3-10, Iowa State University Extension and Outreach, Department of Economics, March 2020. Biodiesel, waste vegetable oil (wvo), and Unlike other field operations which are typically reported on a per acre basis, grain hauling is generally factored on a per bushel basis. Farms Another elevator offers this service at Shelburne in Sullivan County, which is about 22 miles from Clay City. Lattz, D. and G. Schnitkey. And people are still quitting due to the costs..
Profit from or hedge against price movements in the United States' most widely Guidelines are available here. The February price for all wheat, at $9.17 per bushel, is 69 cents higher than January and $3.34 higher than February 2021. Harvest will occur on all harvestable acres on a farm each year and it generally is cost effective to own the combine and grain cart for harvest operations. A summary of costs for harvest operations from the farmdoc machinery cost estimates is shown in Table 1 next to the corresponding average, median, minimum and maximum custom rates from the Iowa survey responses. Smaller producers like Rubeck simply say its time to get out, as the added cost of transport to another grain elevator being the last straw.
Grain SCO is a crop insurance product providing county coverage above farm-level coverage (see farmdoc daily, February 27, 2014). Rates for baling Wheat: To trigger in 67% of the years, soybeans statutory reference price would have to be above $10.10, 20% higher than the current statutory reference price. Net soybean export sales were 0.569 mmt, up 40 percent from the previous week. 3 cents a point above 5.0%, Test Weight 1 cent from 53.9 51.0 Still, that average was 6 cents higher than in 2016, the last time the freight market softened. Brown, G. Schnitkey, K. Swanson, J. Coppess and N. Paulson. For a detailed statement, please see the University of Illinois Copyright Information and Policies here. Percentages were calculated from PLCs inception in 2014 to 2022. Although the actual costs will vary from farm to farm, and are dependent on the number of acres and the size or capacity of the equipment used, the averages presented here can be used as a guide. The 2018 Farm Bill added the effective reference price (see farmdoc daily, June 29, 2022). 2020: In 2020, the MYA average price of $10.80 was above the 2020 ARC-CO benchmark price. The American Transportation Research Institute (ATRI) recently released a study analyzing detailed trucking costs from 2008 to 2019. This publication presents a summary of custom work and rental rates.
How much should I charge to haul grain locally? Fall contracts and DP are shrunk to 15% moisture. Besides fundamental supply and demand conditions, myriad other factors determine rates for grain hopper trucks, including basis, export market perspectives, fuel price, inventory, storage costs, back haul availability, and historical rates. Laurel Mann, corporate spokeswoman for Ceres Solutions Cooperative, said she understands many members and customers are unhappy about the decision, but ultimately its in the best interest of the members.
ARC-IC returned to its more typical 1% enrollment level in 2021 and 2022. The Grain Hauling Cost Calculator was developed as a decision aid to assist Tennessee producers in estimating the cost of transporting corn, wheat, and soybeans from their farm to alternative locations. Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators.
PLC and ARC-CO for Soybeans: Payments and Perspectives We calculated the number of times PLC triggered payments for the nine program crops with at least 2 million base acres. For the week ending December 10, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 3.6 million metric tons (mmt). Post Application Coverage Endorsement Tool (Sheet), Balance Sheet & Historical Financial Statements, Briomass Crop Budget Tool Miscanthus & Switchgrass, Illinois Soil Productivity & Yield Utilities, Farmland LEasing Facts Sheets & Pricing Information, Swanson, K., G. Schnitkey, N. Paulson, C. Zulauf, J. Coppess ", CFAP Payments to Date and Possible Future Ad Hoc Farm Payments, Department of Agricultural and Consumer Economics, Department of Agricultural, Environmental and Development Economics. Harvesting before optimal timing can result in additional drying costs and harvesting after optimal timing can result in yield loss as the grain continues to dry and lose moisture.