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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

DAVIS, LAHOOD PRAISE PASSAGE OF USMCA TRADE AGREEMENT

The two Republican congressmen who represent Bloomington-Normal praised bipartisan House passage of an updated trade agreement among the U.S., Mexico and Canada. U.S. Reps. Rodney Davis and Darin LaHood both voted in favor of the USMCA bill, which passed the House on Thursday on a 385-to-41 vote. (WGLT)

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REPORT SHOWS DIVERSITY OF AMERICA’S FAMILY FARMS –

Farming remains overwhelmingly comprised of family businesses. Family farms as a group accounted for 98% of farms and 88% of production in 2018, according to the Economic Research Service’s latest report – America’s Diverse Family Farms 2019 Edition. (FarmWeekNow)  

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