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  • Revised Illinois Crop Budgets for 2026
    Revision to Illinois crop budgets show improved return prospects due to slight increases in projected prices and significant federal support from the Farmer Bridge Assistance and ARC/PLC programs. Due to the bridge program payments, return projections for 2025 are now slightly above break-even levels in northern and central Illinois but remain negative in southern Illinois. […]
  • The Dramatic Change in US Ag Land Price-Rent Ratio
    The ratio of US cropland price to cropland cash rent has nearly doubled since 1998, from 20 to 36. Empirical analysis so far has not identified any statistically significant explanatory factor, so this article’s purpose is to call attention to this dramatic change. Given land’s large share of US farm assets (roughly 80%), it is […]

Agriculture News

USDA TO CONDUCT CROP YIELD, HOGS AND PIGS SURVEYS –

Starting in late August, the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will contact farmers to get an update on yield prospects for corn and soybeans. The following month NASS will contact producers for the September Hogs and Pigs Survey. (Journal Gazette & Times-Courier)

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IT ALWAYS SEEMS TO BE JUST MORE BAD NEWS FOR FARMERS –

From an uncertain and seemingly always changing trade war with China, to bargain basement crop prices, to the coronavirus, what the agriculture industry thought would have to be an improvement from 2019 hasn’t gotten much better. And now, we get to put one more addition to that list: derecho. (Forbes)

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