Farm Credit Illinois recently welcomed three employees throughout its 60-county territory. Ben Anderson of Olney, Joe Walsh of Charleston, and Kaylin Westray of Monticello. [Read more…]
Archives for September 2016
A $25,000 gift to the Illinois Fire Service Institute’s Grain Bin Rescue Operation training program was announced by Farm Credit Illinois (FCI) at a Farm Safety & Health Week kick-off event on Thursday. The gift will contribute to the new training program designed specifically for grain bin rescues.
More than 50 percent of grain is stored on farms in grain bins averaging 60 feet wide, contributing to the increased number of grain bin-related accidents each year according to the Illinois Fire Service Institute (IFSI). The course will provide 40 hours of classroom and hands-on education to Illinois firefighters, teaching participants the ins and outs of a grain bin and various on rescue operation tactics. [Read more…]
Throughout parts of Illinois, Diplodia Ear Rot has reared its ugly head. There are many contributing factors that can cause Diplodia, but at the end of the day it can hurt your bottom line when you factor in the effects. Diplodia is not a toxin that is covered with Multi-Peril Crop Insurance. However, the results of Diplodia – low test weight and kernel damage – are covered to some extent.
There is a discount schedule that assigns discount factors as the direct result of low test weight and/or kernel damage. Discount factors apply when test weight is below 49 lbs./bushel and/or kernel damage above 10%. These discount factors will be applied directly to your production and if production is discounted enough, a loss could be triggered. [Read more…]