McLean County Farm Bureau

FarmDoc Daily

• Illinois Farm Real Estate Values Increase Six Years in a Row
  The average farm real estate value for Illinois in 2026 was $9,250 per acre. This includes the value of all land and buildings used for agricultural production. The figure was 3.6% higher than the 2025 average of $8,930 per acre. This is the sixth year in a row of at least a 2.4% increase since […]
• How Farmer Sentiment Compares in the United States and Argentina
  The comparison of two ag economy barometers shows that farmers in the United States and Argentina entered mid-2026 with different views of the years ahead. Argentine producers expressed a more favorable outlook for the crop sector and were more likely to expect farmland prices to increase, while livestock expectations were positive in both countries. At […]
• 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 […]