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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 FARM BUREAU DONATES $50K FOR ILLINOIS STATE RESEARCH FARM –

The Illinois Farm Bureau board has donated $50,000 to support the Department of Agriculture at Illinois State University. The gift will enhance the university’s research farm. Equipment purchases will include ultra-sound imaging equipment for animal reproductivity and a used precision row-crop planter with the capability to plant in 15-inch rows. (The Pantagraph)

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DEPUTY SECRETARY CENSKY LEADS TRADE MISSION TO WEST AFRICA –

U.S. Deputy Secretary of Agriculture Stephen Censky will lead a trade mission to West Africa, October 28-31, to help United States exporters unlock new opportunities in a region where strong economic growth is driving demand for imported food and farm products. The mission will be based in Accra, Ghana, and will also include buyer delegations from Côte d’Ivoire, The Gambia, Nigeria, and Senegal. (USDA)

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TRUMP’S BIOFUEL POLICIES IN THE SPOTLIGHT –

The EPA’s biofuel blending waivers for oil refiners will be front and center this week, between a House hearing on Tuesday and the agency’s public meeting on Wednesday. The White House has struggled to appease farmers and ethanol producers, who say the waivers have reduced demand. (Politico)

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PROFIT WATCH: WHERE WILL THE CORN MARKET GO? –

The corn market is in much better shape now than it was in early September. Two consecutive weeks of 13-cent gains put the market close to the coveted $4 a bushel mark. But just how high can the market go during the middle of harvest? After trying to hit $4, prices have drifted a bit, showing signs of further retreat. (FarmWeekNow)  

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