McLean County Farm Bureau

FarmDoc Daily

• Why U.S Farmers Own Farmland and What They Expect for Land Values
  Results from August 2026 Ag Economy Barometer highlight that farmland ownership is motivated by more than current financial returns. Family or sentimental reasons were the primary motivation for 45% of respondents, while another 32% identified long-term investment as their main reason for owning farmland. Only 22% selected current income. These motivations are consistent with producers’ […]
• Trying to Picture a Base Acre Update Through a Hypothetical Change in 2025 Payments
  Echoes of a failed vote on an unfinished Farm Bill can still be heard, although the rumble of much bigger news tends to drown them out. As just one example,…
• Illinois Crop Budgets for 2027
  Despite increases in projected production costs, particularly for fertilizers and fuel, improved pricing prospects for the 2026 and 2027 crop years result in higher per acre return projections compared with recent years. However, projected returns remain below longer-run averages. Downward price movements could quickly shift marginally positive projected returns back into the red. Pricing more […]