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Tool
The Illinois Price Distribution Tool, by Farmdoc, uses current option market prices to derive estimates of the probability distribution of prices at the expiration of an underlying corn and soybean futures contracts.
This University of Illinois spreadsheet calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Agricultural Risk Coverage for Individual Coverage (ARC-IC), and Price Loss Coverage (PLC) payments. County yields and market year average (MYA) prices are brought in for a user-specified state-county-crop combination. Users then can change 2018 through 2020 county yields and prices to see ARC-CO, ARC-IC, and PLC payments under those yields and prices.
This Ohio State University spreadsheet calculates a corn silage production budget. Without some form of budgeting and some method to track your enterprises’ progress you’ll have difficulty determining profitability and if you’ve met your goals for the farm.