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  • Economic Review of Milk Costs in 2024 and Projections for 2025 and 2026
    Higher milk prices coupled with lower feed costs still resulted in positive cash returns but continued negative economic returns for Illinois dairy producers in 2024, according to figures summarized by…
  • Crop Machinery Investment
    This article examines crop machinery investment and net annual investment per acre for various crop farm sizes. Larger farms tend to have lower benchmarks with regard to crop investment per acre and spend less on a per acre basis on machinery and equipment. The large differences in crop machinery investment and net investment per acre […]

Agriculture News

ILLINOIS FARMERS ARE CLOSER TO COMPLETING THE HARVEST –

There were 4.2 days suitable for field work during the week ending October 10, 2021. Statewide, corn harvested for grain reached 55 percent, compared to the 5-year average of 46 percent. Soybeans harvested reached 43 percent, compared to the 5-year average of 45 percent. (WJBC)  

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THE FUTURE FARMERS OF FRANCE ARE TECH SAVVY, AND WANT WEEKENDS OFF –

France is the European Union’s main breadbasket, accounting for a fifth of all agricultural output in the 27-country bloc. Yet half of its farmers are over 50 and set to retire in the coming decade, leaving nearly 160,000 farms up for grabs. To capture an army of young people needed to carry farming into the future, advocates say, the lifestyle of the farmer will have to change. (New York Times)

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PRITZKER’S ENERGY POLICY PROMISES 40% RENEWABLE POWER BY 2030. BUT ILLINOIS HAS FALLEN SHORT OF EARLIER TARGETS –

Gov. J.B. Pritzker hailed the energy policy overhaul he signed last month as a “giant leap forward” in addressing Illinois’ contributions to climate change. But Illinois has a track record of setting and celebrating renewable energy targets only to miss the mark by a wide margin, calling into question whether the state will be able to deliver on its latest lofty promises for a cleaner energy future. (Chicago Tribune)

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