Last Friday Feb 20th, NASS released county data for the 2014 corn and soybean crop. Paul Neiffer has put together tables showing the potential payment or in the case of Western Illinois lack of payment due to the exceptional corn and soybean yield for our area. This yield divided by the 86% of the benchmark guarantee for Adams, and Hancock County will not yield a 2014 ARC-County corn payment unless prices average $3.08 or lower for the 2014 crop year. For example for Hancock County the revenue guarantee is $782.92 * 86% = $673.31 / 218 corn yield = $3.09. For Adams County the revenue guarantee is $719.44 * 86% = $618.72 / 202 corn yield = $3.06. These yields can still be tweaked, but past history has shown that we are within 5 bushels of the final yield number for the county. http://www.farmcpatoday.com/wp-content/uploads/2015/02/Illinois.pdf
New DP charges: Effective April 1, 2015 on corn and soybeans:
Corn - Delayed Price: Free for 60 days, then $0.00125 /bu per day until sold on dry bushels, Dp corn dry/shrink to 15.0%. Beans - Free until Oct 1.
Chaddock has worked with producers and merchandisers across the state to make it easy to support Chaddock by donating a portion of their grain or livestock harvest to the capital campaign. Our greatest need is funding for a new school. The demand for Chaddock's unique services is increasing, and we have literally outgrown our current school. We've launched a $12 million building project that will allow us to increase the number of young people we serve. The goal is to have children walking into the new school for their first day of class in August 2016.
This is a unique opportunity to make a real difference in the lives of innocent children for decades to come. Consider donating a portion of your grain or livestock harvest to our capital campaign. http://www.chaddockagriculturalpartnership.org/