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  • Tenure Characteristics of Illinois Farmland
    Overall, farmland tenure in Illinois varies systematically from north to south, with northern Illinois characterized by a higher reliance on cash rent, central Illinois by greater use of crop share leases, and southern Illinois by a higher proportion of owned land.  Average higher-return operations consistently control land in ways that reduce fixed ownership exposure and […]
  • Off Base, Part 1: Reviewing Issues and Problems with Base Acre Policy
    The term “off base” is defined as “not being in agreement with what is true” (Merriam-Webster.com). For farm policy, the term may conjure the base acre design for farm program…

Agriculture News

CLIMATE AG BILL PICKS UP STEAM –

The Senate Agriculture Committee didn’t let the ongoing pandemic stop it from holding a hearing Wednesday on a new bipartisan bill to bolster carbon markets, a concept increasingly backed by farm groups. (Politico)

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A BAILOUT FOR LOBSTER? TRUMP TO PROTECT FISHERMAN AMID TRADE WAR WITH CHINA –

In a move to protect the U.S. fishing industry, President Trump signed a memorandum to help protect lobster fishermen from so-called harmful trade practices, giving them protections similar to those provided for agriculture products. The memorandum also could result in a new wave of tariffs aimed at China if certain commitments aren’t met. (International Business Times)

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IFB COVID-19 RESOURCE HIGHLIGHT:

The Small Business Administration has released their interim final rule for the Paycheck Protection Program as well as updated forgiveness forms. Find them on our Federal Stimulus page.

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