McLean County Farm Bureau

FarmDoc Daily

• Trillionitus and the US Farm Safety Net
  “Trillionitus” is the difficulty in thinking in trillion dollars, a significant constraint when trying to understand the US economy and economic policy. No personal experience is remotely similar in magnitude, but one way to gain some perspective is to compare the US economy and Federal spending to a measure closer to personal experience. This article […]
• 2026 Illinois Farmland Price Expectations: Navigating a Stable Yet Softening Market
  The 2026 Illinois farmland market continues in a phase of stabilization following several years of unprecedented appreciation. While valuations exhibit projected softening in response to compressed crop margins and elevated operational expenditures, these downward pressures are partially countered by the distribution of ad hoc federal payments. Ultimately, as the market adjusts to current economic headwinds, […]
• USDA Baseline Points to Declining U.S. Row Crop Acreage
  USDA’s long-term projections indicate that, under the baseline policy and market assumptions, yield-driven growth in supply exceeds demand growth for major U.S. crops. As a result, prices are projected to stabilize at levels that place downward pressure on returns, contributing to gradual reductions in planted acreage, particularly for corn and soybeans.