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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

IFB COVID-19 RESOURCE HIGHLIGHT:

USDA will host a Coronavirus Food Assistance Program (CFAP) producer webinar August 19 to discuss newly eligible specialty crops, nursery crops, cut flowers and more. Register here.

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TRADE DATA SHOWS GLOBAL COVID IMPACT –

The U.S. Department of Agriculture’s import and export trade data for June 2020, released Aug. 5, provides important insight into the impact of the COVID-19 outbreak on U.S. farm products. (The Anniston Star)  

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N.Y. ACCUSES A TOP EGG PRODUCER OF PRICE-GOUGING IN PANDEMIC –

Hillandale Farms, one of the top five American egg producers, allegedly hiked prices on more than 4 million cartons sold to major grocery stores, the U.S. military and wholesale distributors. The company pocketed an estimated $4 million by unlawfully increasing prices, according to the lawsuit. (Bloomberg)  

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