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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

DEMOCRATS SEE USMCA DEAL NEAR, URGE MEXICO TO ACCEPT COMPROMISE –

House Democrats said Wednesday that a deal on the stalled U.S.-Mexico-Canada free-trade agreement is within reach and urged Mexico to accept a compromise on labor-rights enforcement. “We are on the 2 1/2-yard line,” Ways and Means Chairman Richard Neal said about efforts to wrap up negotiations. (Bloomberg)  

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ILLINOIS HARVEST PROGRESS: 100% SOYBEANS, 93% CORN –

Almost there, Illinois. All of Illinois soybeans have been harvested, according to USDA’s Crop Progress Report released Monday. About 93% of Illinois corn has been harvested – up from 88% the week prior. Illinois’ progress remains ahead of the national average. Nationally, 96% of soybeans and 89% of corn have been harvested according the latest report from USDA’s National Agricultural Statistics Service (NASS). (FarmWeekNow)

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NCBA PLEDGES TO WORK TOWARD ‘PRODUCT OF THE USA’ CLARITY –

Members of the National Cattlemen’s Beef Association are calling on their lobbyists to work with USDA to address “longstanding policy on geographic origin statements,” a move that comes as the agency is being petitioned to look into disingenuous use of “Product of the U.S.A.” beef labels. (Agri-Pulse)

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GROUPS WORK TOGETHER TO EXPAND LOCAL FOOD MOVEMENT –

Diverse groups throughout Illinois actively involved with the local food movement are joining forces to expand the BUY FRESH BUY LOCAL statewide program. For consumers, that means whether they are looking for farm-to-fork friendly restaurants in Chicago, farmers market dates in Farmer City or wine tours in southern Illinois all the answers will soon be found in one directory. For farmers, it means a marketing format to get their names out beyond their own neighborhoods. (State Journal-Register)

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