McLean County Farm Bureau

FarmDoc Daily

• Illinois Farmland Turnover Rates: 2003–2025
  Illinois farmland turnover follows consistent patterns mirroring the broader Corn Belt, though at significantly lower levels than other real estate forms. Even through multiple economic cycles including commodity expansions, margin compression, financial market stress, and the recent inflation surge, the volume of land changing hands fluctuated within a narrow range relative to total supply. However, […]
• Paraguay’s Role in the Global Soybean Market
  Global soybean production is viewed as dominated by Brazil, the United States, and, to a lesser extent, Argentina. The three countries typically account for around 80% of global soybean production and 88% of global exports. However, other South American countries have significantly increased soybean production over the past 50 years. Paraguay is one such country. […]
• Middle East Conflict Revives Concerns Over Fertilizer Dependence in the U.S. and Brazil
  With Iran restricting shipping through the Strait of Hormuz, a key route linking the Persian Gulf to global export markets, major supply disruptions have been affecting the United States and Brazil – the world’s two largest country-level fertilizer importers. This article compares fertilizer supply and demand trends over the past five years in both countries, […]