McLean County Farm Bureau

FarmDoc Daily

• Estimating Total Crop Acres for the U.S. over 1998-2025
  In this article, we project total crop acreage of 337.8 million acres for 2025 using the estimate for principal crop acreage in the March 2025 USDA Prospective Plantings report and other assumptions. This is 3.0 million acres less than the total for 2024 and tied with 2022 for the lowest total crop acreage over 1998 […]
• Projected Farm Income for 2025: Importance of Rental Arrangements on Farm Income
  Income projections suggest 2025 will be another low-income year, resulting in financial deterioration on many farms. Net income for 2025 is projected for a representative 1,500-acre farm with 20% owned, 40% share-rented, and 40% cash-rented. It is forecasted to be $26,010, a relatively low level. Income is expected to be much lower if less farmland […]
• March Madness: Hogs & Pigs Report Busts Experts’ Brackets!
  The USDA’s March Hogs and Pigs report holds some bullish albeit mostly modest surprises, as most statistics are smaller than a year ago and below pre-report expectations of unchanged to higher. The March 1 inventory of all hogs and pigs is 74.5 million head, down about 0.5% from last quarter and almost 0.24% below a […]