McLean County Farm Bureau

FarmDoc Daily

• A Pre- and Post-Report Look at the 2026 U.S. Soybean Yield
  The USDA's August Crop Production report, released on August 12, 2026, included the first survey-based yield forecast for soybeans of the season. This article presents an independently constructed, condition-based forecast of the 2026 U.S. soybean crop and compares it to what USDA recently reported. The national gap between our condition-based model and USDA’s August survey […]
• Capital Purchases and Machinery Depreciation on Illinois Grain Farms
  Over the past ten years, average annual capital purchases on Illinois grain farms have exceeded average annual net farm income, with government payments included in income. Generally, income from other sources has been used to fund farm-level capital purchases, much of which has been allocated to machinery. Over time, machinery purchases then have resulted in […]
• Which FSA Farm Loan Borrowers Filed Bankruptcy between 2015-2025?
  Bankruptcies have peaked and ebbed in relation to movements in farm income and government payments. Over the past decade, they have tended to cluster in specific states or regions, Wisconsin and Arkansas for example, and in specific sectors, particularly dairy, rice, cotton, and beef cattle. Bankruptcies are more likely to have a greater impact on […]