McLean County Farm Bureau

FarmDoc Daily

• Smaller Loans Drive Decline in Non-Real Estate Farm Lending at Commercial Banks in Q3 2026
  Non-real estate farm loan volume at commercial banks fell 25.0% year-over-year in the third quarter of 2026. A sharp contraction in average loan sizes drove the decline, even as the total number of loan originations increased. Average maturities shortened across categories, most notably for farm machinery and equipment financing, while interest rates on these loans […]
• The 45Z Biofuel Tax Credit, Part 4: Inside the Updated USDA Feedstock Carbon Intensity Calculator
  USDA recently released an updated version of its Feedstock Intensity Calculator (FD-CIC) for the 45Z Clean Fuel Production Tax Credit (USDA, FD-CIC v.1.2; User Manual, September 4, 2026). The updated calculator changes the Carbon Intensity (CI) scoring in significant ways. It also includes more information for the user about the scoring process. This article reviews […]
• The 2026 ARC/PLC Decision: ARC-CO vs PLC
  The commodity program decision deadline for program crops harvested in 2026 is December 11, 2026.  Current projections and expectations for prices and yields suggest that ARC-CO would be expected to trigger larger payments than PLC on corn and soybean base acres in most counties.  The comparison for wheat base acres is currently much closer and […]