Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

Author Archives: MCFB

FARMERS: ‘LET’S HOPE THIS IS A WAR OF WORDS’

Concern, fear, and uncertainty describe the feelings of many midwestern farmers attempting to predict their own futures facing potentially costly tariffs as China’s response to a trade war sparked by President Trump. (Crain’s Chicago Business)

Posted in Agriculture News | Tagged , , , | Comments closed

TARIFF CONCERNS AFFECTING OTHER INDUSTRIES

Big rig orders by trucking companies are surging. ACT Research reports factory backlogs are near a three-month high. However, there’s healthy concern China tariff plans will halt that trend. (Wall Street Journal)

Posted in Agriculture News | Comments closed

MORE CORN THAN BEANS?

As ag industry leaders speculate about how much corn versus soybeans farmers will plant this year, the American Soybean Association calls China’s proposed 25 percent soybean tariff “devastating” to U.S. farmers. Some experts think farmers will feel pushed to plant more corn. (Pantagraph)

Posted in Agriculture News | Tagged , , , | Comments closed

BEHIND YOUR TAX BILL

#Illinois is second to New Jersey in having the distinction of highest property taxes in the U.S. But what actually goes in to determining how much you pay? (Chicago Tribune)

Posted in Agriculture News | Tagged , , , | Comments closed

HELP FOR RURAL AMERICAN BUSINESSES

Since most family farms operate as small businesses, the idea behind a new USDA SBA partnership is to champion smarter economic opportunities and investments that specifically benefit rural America. (USDA)

Posted in Agriculture News | Comments closed

TOO LITTLE, TOO LATE?

USDA reopened enrollment for its upgraded Margin Protection Program for dairy after a number of U.S. dairies, including three in Illinois, closed in recent months. The program provides protections for dairy farmers from shifting milk and feed prices. (FarmWeekNow.com)

Posted in Agriculture News | Tagged , , | Comments closed

PROPOSED PROGRESSIVE TAX CALCULATOR

How much would a progressive tax cost your family? The proposal by Rep. Robert Martwick, D-Chicago, involves tax rates from 4-7.65 percent depending on income. It starts with a 4 percent tax rate for annual income up to $7500. (Illinois Policy)

Posted in Agriculture News | Tagged , | Comments closed

FUEL AND FERTILIZER COSTS

Nitrogen fertilizer costs have increased since the fall of 2017, with March 2018 prices near levels in 2017 according to the University of Illinois. The Department of Agriculture and Consumer Economics issued numbers showing anhydrous ammonia prices have also risen since fall by more than $100 per ton. (FarmdocDAILY)

Posted in Agriculture News | Tagged , , | Comments closed

MID-SIZE ILLINOIS FARMS DISAPPEARING

A U.S. Department of Agriculture report shows in the past 30 years, ag production has shifted from midsize family farms to a small number of large family farms, leaving many very small farms with no more than 10 acres. (USDA)

Posted in Agriculture News | Tagged , | Comments closed

AG CAREERS

University of Illinois College of ACES Dean Kim Kidwell says students don’t realize how many opportunities exist in agriculture at a time the industry relies more on technology while being called on more to solve world problems. (Herald & Review)

Posted in Agriculture News | Tagged , | Comments closed