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  • Farmer Bridge Assistance Program Payment Rates
    The USDA recently announced payment rates for row crops eligible for the Farmer Bridge Assistance Program. Acres planted to corn ($44.36 per acre), soybeans ($30.88), wheat ($39.35), and 16 other eligible commodities should expect to receive FBA payments by the end of February. The average 1,500 acre grain farm in Illinois, with acres planted to […]
  • The People Behind the Machines: Precision Agriculture and Farm Service Technician Demand
    Precision agriculture technology adoption is reshaping agricultural labor demand, shifting from manual work to technical roles. Analysis shows states with higher precision agriculture use have more farm service technicians per farm and higher technician wages, suggesting technology-driven demand changes. However, weak correlations indicate potential labor shortages and constraints in technician supply persist.

Agriculture News

IFB COVID-19 RESOURCE HIGHLIGHT:

Leveraging federal CARES Act funding, the state of Illinois will offer Business Interruption Grants (BIG) to livestock farms to help offset losses incurred in connection to COVID-19. Applications must be received by October 31, 2020. Learn more on our Livestock Resources page.

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