Illinois Farmland: How Many Farmers Own Their Land vs. Renting? Jun 21, 2022

🕔Jun 21, 2022
Data from the Illinois Farm Business Farm Management (FBFM) Association provides insights into leasing arrangements in Illinois.  Table 1 contains data summarized from Illinois grain farms enrolled in FBFM. These […]

What Is the Deferred Tax Monster and How Has It Been Changing Over Time? May 26, 2022

🕔May 26, 2022
Farmland prices and machinery values began to increase in 2020 and those values really took off in 2021.  In addition to this, we saw increased commodity prices.  All of these […]

Illinois Corn, Soybeans: Production Cost Comparisons from 2020 to 2021 Apr 21, 2022

🕔Apr 21, 2022
In 2021, the total of all economic costs per acre for growing corn in Illinois averaged $952 in the northern section, $960 in the central section for farmland with “high” […]

Farm Finances: Increasing Interest Rates Likely to Pressure Ag Income Mar 22, 2022

🕔Mar 22, 2022
The U.S. Federal Reserve has begun to raise interest rates to dampen inflation.  Higher rates imply higher interest expense, assuming no other change.  This article explores the role of farm […]

Illinois Farm Finances: Ag Assets Compared to Ag Debt Mar 21, 2022

🕔Mar 21, 2022
Agricultural assets on a nominal basis in Illinois has been increasing on average five percent since 1991. Data from the United States Department of Agriculture (USDA) and Illinois Farm Business […]

Illinois Corn, Soybeans: Impact of Increasing Ag Debt on Farms Feb 23, 2022

🕔Feb 23, 2022
Agricultural debt on a nominal basis in Illinois has been increasing since 1991. Data from the U.S. Department of Agriculture (USDA) and Illinois Farm Business Farm Management (FBFM) are shown […]

Farm Finances: Trends in Working Capital and Financial Solvency Jan 25, 2022

🕔Jan 25, 2022
Many of you are in the midst of preparing financial statements for 2022.  It is important to take the time to prepare a complete and accurate set of financial documents […]

Feeder Cattle Production – Are There Differences Based on Weight Purchased? Nov 22, 2021

🕔Nov 22, 2021
To help answer the question regarding the differences based on the weight purchased in feeder cattle production, we will look at feeder cattle operations enrolled in Illinois Farm Business Farm […]

Illinois Grain Farms: Comparing Machinery Values Sep 25, 2021

🕔Sep 25, 2021
Not only has machinery values been increasing over time, so has the size of farms.  This study compares machinery values on Illinois grain farms enrolled in Illinois Farm Business Farm […]

Illinois: Exploring Characteristics of Higher Profit Farms – 2011 through 2020 Jun 22, 2021

🕔Jun 22, 2021
Data from the Illinois Farm Business Farm Management Association (FBFM) for 2011 through 2020 was used to analyze selected differences between the highest profit grain farms (high one-third) and the […]

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