McLean County Farm Bureau

FarmDoc Daily

• Updates from the Policy Design Lab: Crop Insurance and Soybeans
  The Policy Design Lab project recently released two updates to the web-based policy visualizations. The first includes further developments for crop insurance, allowing users to visualize data at the county level and by year and/or by crop. The second is a storyboard for soybeans, visualizing background information on soybean trade and utilization. The Illinois Soybean […]
• Foreign Ownership of U.S. Agricultural Land
  Using US land in Farms as the reference, foreign ownership interests amount to 0.67% of the total, and the remaining 99.33% is US owned. Forestland accounts for 88.5% while cropland, pasture, and other agricultural land account for 11.5%. The countries with the largest ownership positions in U.S. agricultural land are Canada and several Western European […]
• Average Illinois Cash Rents and Soil Productivity in 2026
  Since 2017, we’ve provided annual updates to a simple formula for calculating the average cash rent for a piece of farmland based on its average soil productivity and location within Illinois. Today’s article provides the latest in this series of updates to reflect the relationship between rental rates in Illinois for 2026, soil productivity, and […]