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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

AGRICULTURE LEADERS IMPLORE TRUMP TO BACK BIOFUELS –

Representatives of four influential agricultural interests Tuesday implored President Donald Trump to order his administration to make good on a promise to fully implement the federal Renewable Fuel Standard — warning his re-election prospects in Iowa “may hang in the balance.” (Sioux City Journal)

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IFB COVID-19 RESOURCE HIGHLIGHT:

The Illinois Secretary of State has announced that driver’s license and license plate expirations have been extended as a result of the COVID-19 situation. Driver’s licenses or license plates that have expired or are set to expire between March 1st and Sept. 30th of this year, have until Nov. 1st to be renewed. Visit our Transportation Resources page for more details.

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