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  • Projected Incomes on Owned vs Rented Farmland for 2026
    Projections in the latest Illinois Crop Budgets suggest negative returns on cash rented farmland for the 2026 crop year (see farmdoc daily article from January 13, 2026).  This article compares…
  • 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 […]

Agriculture News

USMCA SIGNING INCREASES OPTIMISM –

President Donald Trump on Wednesday signed the implementing language for the U.S.-Mexico-Canada Agreement into law, leaving Canadian ratification as the last hurdle for the pact that would preserve the strong trade ties between the three North American countries. (Agri-Pulse)

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LOCK AND DAM WORK STILL ON SCHEDULE –

An active weather pattern continues to boost the chances of spring flooding along the Mississippi River and its tributaries. But it hasn’t altered plans by the U.S. Army Corps of Engineers to close much of the Illinois River to navigation this summer for rehabilitation work at five locks and dams, which are still on track for July closures. (FarmWeekNow)

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U.S.-INDIA AG TRADE DEAL IN THE WORKS –

Trump is looking to build on his recent trade wins by inking an agreement with New Delhi that would open up the Indian market to more U.S. dairy, pork, cherries and other farm goods. The partial deal might also focus on medical devices and intellectual property protections. (Politico)

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TRUMP TAKES VICTORY LAP WITH USMCA SIGNING –

President Trump on Wednesday signed the United States-Mexico-Canada Agreement in a ceremony on the South Lawn of the White House, celebrating a signature legislative accomplishment on trade. The agreement has already been approved in Mexico and is pending ratification in Canada. (The Hill)

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