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Farmers across the Midwest have boosted crop sales as corn and soybean futures spiked after the U.S. Department of Agriculture slashed its 2024 harvest estimates on Friday, grain dealers in Iowa ...
In southern Illinois, the second biggest corn-producing state, farmers could actually lose up to $160 an acre growing corn this year, based on corn prices and the cost of production, University of ...
The final estimate of corn production for the years 1950 to 1959 in the United States is given as some three billion bushels and in recent years, some nine billion bushels are produced each year. [2] Corn growth is dominated by west north central Iowa and east central Illinois. [11] In 2018, the national average production was 176 bushels per acre.
In northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
[42] [43] [44] In an average year, 516 workers die doing farm work in the U.S. (1992–2005). Every day, about 243 agricultural workers suffer lost-work-time injuries, and about 5% of these result in permanent impairment. [45] Tractor overturns are the leading cause of agriculture-related fatal injuries, and account for over 90 deaths every year.
For six consecutive years, Chicagoland was ranked the nation's top metropolitan area for corporate relocations. [9] The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [10]
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Today, that land is owned by the descendants of E.D. Funk. [8][9][10] The Board of Trustees is composed of four cousins - all descendants of E.D. Funk. Today, Funk Farms has 3 cash crops - corn, soybeans, and alfalfa, sells premium beef and other items to the public, and runs an organic composting operation. [8] [9] [10] [11]