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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

TRUMP TO SIGN CHINA TRADE DEAL TODAY –

President Trump is expected to sign an initial trade deal with China on Wednesday morning, bringing the first chapter of a protracted and economically damaging fight with the world’s second-largest economy to a close. (The New York Times)

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U.S. FACES GLOBAL COMPETITION UNDER PHASE 1 AGREEMENT WITH CHINA –

“Chinese officials have repeatedly said that the purchases will be market-based, and a lot of analysts have interpreted that to mean that the Chinese government won’t necessarily be directing purchases, but rather that the purchases will be made on their merit,” AFBF Economist Veronica Nigh said. “That means that in order to sell more U.S. products, the U.S. is going to have to win market share away from other competitors.” (Farm Bureau)

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