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  • Off Base, Part 2: The View from the CBO Baseline
    Release of the CBO Baseline is an annual ritual required by federal budget policy, pursuant to which the Congressional Budget Office projects spending on certain programs ten years into the unknowable future. CBO released its February 2026 baseline ahead of schedule, providing a new look at agricultural policy after enactment of major changes in the […]
  • 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…

Agriculture News

ILLINOIS LEADERS, ADVOCATES BACK VOTE ON USMCA AGREEMENT –

Illinois advocates and federal lawmakers expressed optimism after news that a trade deal between the United States, Canada and Mexico would move forward in Washington. House Speaker Nancy Pelosi announced Tuesday that she would soon vote on the trade deal signed earlier this year by leaders from the three countries. (The Center Square)

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BETTER LUCK NEXT YEAR? HARVEST TO SPILL OVER INTO 2020 –

Many farmers hope to put the challenging 2019 growing season in the rearview mirror and never look back. But a considerable number of growers unfortunately will have a perfect view of what’s left in the field in 2020 as extreme delays likely could push harvest activity into next year. (FarmWeekNow)  

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