McLean County Farm Bureau

FarmDoc Daily

• 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 […]
• The Other Base Update Issue: PLC Base Yield
  Crop commodity program base acres have attracted considerable attention ever since their authorization in the 1980s (farmdoc daily, January 15, 2026; January 22, 2026; January 29, 2026; February 12, 2026;…
• Farm Machinery Demand Remains Weak as Manufacturers Manage Production
  The U.S. farm machinery and equipment market continues to face weak demand despite some improvement in manufacturing production. Together, these indicators suggest that progress in adjusting production and inventories has not yet translated into a sustained recovery in equipment purchases. A stronger recovery will likely depend on improved farm profitability and greater confidence in committing […]