McLean County Farm Bureau

FarmDoc Daily

• Enough Room for the Harvest? Grain Storage Pressure in the Corn Belt
  US grain storage capacity can in aggregate hold this year's carry-in stocks and expected harvest, but potential storage demand exceeds capacity in ten of thirteen Corn Belt states. Historically, grain movement during the harvest period relieves this pressure by December, so a 2026 storage crunch is unlikely. Stagnant capacity growth, however, means future bumper crops […]
• Variable Cash Lease Considerations for 2027
  Today’s article revisits a simple design for a variable cash lease for farmland in Illinois.  A rent factor is applied to direct crop revenues to determine the variable rent level. …
• Food Inflation and the Outlook for Beef Prices
  The August 2026 CPI data show that food prices were 2.7% higher than a year earlier. Food-at-home prices rose 2.2%, while food-away-from-home prices increased 3.4%. Beef and veal prices were 5.9% higher in August than a year earlier, extending a period of elevated beef prices that has persisted for several years. Tight supplies and resilient […]