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.  […]

USDA Forecasts 23% Rise in Net Farm Income Due to Govt. Payments Sep 11, 2020

🕔Sep 11, 2020
Net farm income for U.S. producers in 2020 is forecast to rise 23 percent over 2019 figures, growing to about $102.7 billion, according to a report this week from the […]

Webinar: Conservation, Incomes, and Farmland Leasing – Sept. 22 Sep 8, 2020

🕔Sep 8, 2020
Leasing season is again upon us. This webinar will first provide an outlook for setting 2021 leases. Then, attention will turn to conservation and leasing. Many landowners and farmers want […]

Net Farm Income Rising Thanks to Govt. Payments – DTN Sep 4, 2020

🕔Sep 4, 2020
Despite the pandemic, or because of government response to it, the U.S. farm sector is projected to have stronger income for 2020 than a year ago. The latest projections for […]

USDA Farm Sector Income Forecast Updated for Sept. Sep 3, 2020

🕔Sep 3, 2020
The USDA’s Economic Research Service (ERS) indicated on Wednesday that, “Net farm income, a broad measure of profits, is forecast to increase $19 billion (22.7 percent) from 2019 to $102.7 billion in 2020. Net cash […]

Webinar: USDA Farm Income, Financial Forecasts, Sept. 2 Aug 27, 2020

🕔Aug 27, 2020
USDA’s Economic Research Service (ERS) releases Farm income statement and balance sheet estimates and forecasts three times a year, typically in February, August and November. These core statistical indicators provide […]

Arkansas: Rice Acreage May Cushion COVID’s Economic Impacts Jul 31, 2020

🕔Jul 31, 2020
Growing rice may provide some insulation from the economic impacts of COVID-19 for Arkansas farms, but cotton growers are likely to be harder hit through 2023, according to a model […]

Illinois Grain Farm Incomes in 2020 Jul 15, 2020

🕔Jul 15, 2020
We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID-19, 2020 net incomes were expected to be low without a turnaround in exports, […]

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 […]

Govt. Programs Increasingly Important Part of Farm Income Jun 15, 2020

🕔Jun 15, 2020
DTN Ag Policy Editor Chris Clayton reported last week that, “The American Farm Bureau Federation on Wednesday sent a detailed list of recommendations to Congress to help farmers, stating that even though lawmakers had provided […]

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