The fall of the year is not only a time of harvest, but also of lease signing. For the past four years, rents in Illinois have been relatively stable with highly productive farmland average rental rates being in the $270 - $290 range. This trend looks to continue for 2021, since there has been an improvement in crop prices in the past six weeks.
A recent article by Mike Stanton, soybean Extension educator at Michigan State University, does a nice job of discussing the possible effects of sub-freezing temperatures on early-planted soybeans. If the soybeans have not emerged, there will be not be damage from these low temperatures since the growing point is still below ground.
Over the past couple of weeks, stock and commodity agriculture markets have been struggling.
Stored grain should be kept at or near 35°F according to the experts. But over the past month in Central Illinois, the average daily temperature has varied 44°F – from a high daily average of 52° F to a low of 8°F.
Moisture in a filled grain bin moves from the warmed grain near the outside wall to the cooler grain in the center.