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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

USDA ANNOUNCES ADDITIONAL $470M IN COMMODITY PURCHASES

The USDA announced Monday that it will be spending an additional $470 million this year to purchase a wide variety of ag products, sparking cheers from farm groups and lawmakers. The purchases will come on top of the products USDA’s Agricultural Marketing Service is already budgeted to buy for feeding programs across the country. (Agri-Pulse)

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ECONOMIC DISASTER LOANS NOW OPEN TO SMALL FARMS

The Trump administration on Monday gave small farmers a green light to apply for economic disaster loans, after farm-state lawmakers complained that agricultural businesses were locked out of the loan program amid a backlog of applicants. (Politico)

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U.S. ETHANOL EXPORTS FELL IN 2019 FOR THE FIRST TIME IN 4 YEARS

The U.S. Energy Information Administration reported Friday the United States exported 96,000 barrels per day of fuel ethanol in 2019, the first annual drop in U.S. ethanol exports since 2015. Despite the decrease, EIA said total exports remained at the second-highest level on record. (Grand Island Independent)

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TRUMP THREATENS TO TERMINATE CHINA DEAL

President Donald Trump said he will terminate the “phase one” trade deal with China if Beijing does not make good on its commitment to buy $200 billion more of U.S. goods and services over the next two years. (Politico)

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