Illinois: Grain Farm Income Projections After Recent Price Declines

🕔Jul 11, 2018In recent weeks, cash corn prices have declined by $.50 per bushel and soybean prices by $1.80 per bushel, resulting in much lower 2018 income expectations.  Crop revenue and returns […]

Ag Barometer: Producer Sentiment Inches Up Despite Trade War Concerns

🕔Jul 3, 2018Ag producer sentiment improved slightly during June as the Ag Economy Barometer index rose to a reading of 143 compared to 141 a month earlier. The modest rise in the […]

Illinois Farm Finances: How Will Chinese Tariffs Affect Grain Farms?

🕔Apr 18, 2018Recent events suggest a possibility that China will place a 25% tariff on soybean exports from the United States to China. Such a tariff would result in lower soybean prices […]

U.S. Cropland Prices: What’s the Impact of Increased Interest Rates?

©Debra L Ferguson
🕔Apr 12, 2018The Federal Reserve has initiated what appears to be sustained, incremental increases in the Federal Funds rate and by extension other interest rates. Current expectation is for a ¾ to […]

Illinois Farmland Values: Cash Rents on Professionally Managed Land in ’18-19

🕔Mar 28, 2018The Illinois Society of Professional Farm Managers and Rural Appraisers recently released their estimates of 2018 cash rents as well as their expectations for 2019 cash rents. Cash rent levels […]

Farmland Values: USDA Examines Trends from 2000-2016

🕔Feb 27, 2018Today’s update looks briefly at farmland values in the United States, with a specific focus on a recent report from USDA’s Economic Research Service (ERS) that examined farmland values from […]

USDA: Farm Income Forecast – Most Row Crop Receipts Decline, But Profits Stable

🕔Nov 30, 2017After 3 consecutive years of decline, farm sector profits are forecast to be relatively stable in 2017. Net farm income, a broader measure of profits, is forecast to increase $1.7 […]

2017 Average Florida Farm Land Rent and Labor Rates

🕔Nov 17, 2017Some of the most challenging conversations, in almost any relationship, are the ones about money.  This is certainly true as farmers and landowners negotiate lease agreements, or managers and workers […]

Illinois Farmland: Cash Rent Based on Land Productivity Index

🕔Nov 8, 2017Individuals often desire to arrive at an average cash rent given a farm’s inherent productivity. Herein, a method is presented for determining a 2017 benchmark rent based on that parcel’s […]

Michigan: Sound Cash Rental Decisions for Landowners

🕔Oct 20, 2017What would be the cash rental rate for my farmland? This is a frequent question from landowners who call the Michigan State University Extension county offices for a quick answer. Different agencies […]

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