Illinois Land Rents: Tying Amounts To Economic Returns – 10-Year Comparison Oct 6, 2020

🕔Oct 6, 2020
Over time, more farmland leases in Illinois have been shifting from traditional crop share leases to cash leases.  In addition, there has been some increase in flexible or variable rent […]

Illinois: Brightened 2020 Income Outlook for Grain Farms Sep 23, 2020

🕔Sep 23, 2020
In the past month, much has changed in outlook for grain farm income.  The U.S. Department of Agriculture (USDA) is projecting relatively high yields for corn and soybean in Illinois.  […]

Illinois: Cash Rents in 2020, Projections for 2021 Sep 16, 2020

🕔Sep 16, 2020
The National Agricultural Statistical Service (NASS) recently released state and county rents for 2020. In addition, the Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of […]

Illinois: A Different Financial View — How Much Do You Owe Per Acre? Jul 20, 2020

🕔Jul 20, 2020
Financial liabilities are a present obligation arising from past decisions.  While some operators can operate without borrowing, many farms operate with the use of borrowed capital. This article considers the […]

Illinois Grain Farms: How Did Prevented Planting Affect Income in 2019? Jul 8, 2020

🕔Jul 8, 2020
In 2019, many farmers in Illinois had prevented plant (PP) acres, acres that couldn’t be planted due to excessive moisture throughout the planting season. Previous analyses indicated that taking PP […]

Illinois: Characteristics of Higher Profit Farms Over the Last 5 Years Jun 22, 2020

🕔Jun 22, 2020
Data from the Illinois Farm Business Farm Management Association (FBFM) for 2015 through 2019 was used to analyze selected differences between the highest profit grain farms (high one-third) and the […]

Illinois Corn, Soybeans: How Much Were Production Costs in 2019? May 18, 2020

🕔May 18, 2020
In 2019, the total of all economic costs per acre for growing corn in Illinois averaged $878 in the northern section, $912 in the central section for farmland with “high” […]

Coronavirus Aid: The Paycheck Protection Program – UPDATE Apr 16, 2020

🕔Apr 16, 2020
Update to the Original Release A supplemental Interim Final Rule (IFR) for the Paycheck Protection Program (PPP) was recently released that provides clarity to some of questions raised at the […]

Illinois: Digging Into Net-Share Land Rent Returns – Multi-Year Comparisons Mar 20, 2020

🕔Mar 20, 2020
Over time, more farmland leases in Illinois have been shifting from traditional crop share leases to cash leases.  In addition, there has been some increase in flexible or variable rent […]

Farm Working Capital: Key Measure Slips Unevenly In Illinois Comparisons Jan 21, 2020

🕔Jan 21, 2020
This article examines working capital to value of farm production for selected producer characteristics.  Working capital to Value of Farm production is one of the traditional measures of liquidity suggested […]

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