McLean County Farm Bureau

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  • Variable Cash Lease Considerations for 2027
    Today’s article revisits a simple design for a variable cash lease for farmland in Illinois.  A rent factor is applied to direct crop revenues to determine the variable rent level. …
  • Food Inflation and the Outlook for Beef Prices
    The August 2026 CPI data show that food prices were 2.7% higher than a year earlier. Food-at-home prices rose 2.2%, while food-away-from-home prices increased 3.4%. Beef and veal prices were 5.9% higher in August than a year earlier, extending a period of elevated beef prices that has persisted for several years. Tight supplies and resilient […]
  • Liquidity and Repayment Capacity
    Previous articles have examined differences in crop machinery investment, crop machinery costs, and labor standards for different sized crop farms (Langemeier, 2025a; Langemeier, 2025b; Langemeier, 2026).  This article examines trends…