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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

U.S. SELLS RECORD AMOUNT OF CORN TO CHINA AS TENSIONS RISE –

Chinese buyers booked their single biggest purchase of U.S. corn ever, extending their flurry of large purchases of American agricultural goods even as tensions between Washington and Beijing rise. The USDA said on Thursday morning that private exporters reported the sale of 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year. That topped the previous biggest deal to China of 1.762 million tonnes, reported just two weeks ago. (Reuters)

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IFB COVID-19 RESOURCE HIGHLIGHT:

Illinois Farm Bureau, Illinois Specialty Growers Association, and University of Illinois Extension are hosting a call to discuss best practices for your Agritourism or Pick Your Own Operation to operate during COVID-19. Dial in on Tuesday, August 4 at 11:30 a.m. CST. Click here to register. After registering, you will receive a confirmation email containing details for joining the webinar call

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ILLINOIS NRCS WELCOMES A NEW KIND OF CONSERVATIONIST –

State Conservationist Ivan Dozier announced the USDA Natural Resources Conservation Service (NRCS) in Illinois recently filled a key staff position at their State Office facility in Champaign. The new position, Soil Health Specialist, is one his agency has never had before and is truly the sign of the times for what’s happening in production agriculture. (Canton Daily Ledger)

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USDA PANDEMIC FOOD BOX PROGRAM EXTENDED –

The Department of Agriculture is kicking off the third round of its Farmers to Families Food Box distribution program in September. It was created to help people facing food insecurity during the economic downturn. (Marketplace)

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