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  • How Financial Liquidity Helps Farms Perform in Tough Times
    After a period of high crop prices, US corn and soybean farmers now face challenging economic conditions. This study of Illinois grain farms offers lessons from the last downturn in the farm economy between 2015 and 2018. It reveals that farms with moderate to high levels of working capital at the start of this period […]
  • Economic Review of Milk Costs in 2023 and Projections for 2024 and 2025
    Lower milk prices coupled with slightly lower costs still resulted in positive cash returns but continued negative economic returns for Illinois dairy producers in 2023, according to figures summarized by the Illinois Farm Business Farm Management Association. In 2024, if total economic costs averaged $23 per 100 pounds of milk produced, Illinois producers would have […]

Agriculture News

Increase in ag fatalities and injuries highlights need for training

Illinois is in the top four states for highest reported confined ag space cases, according to a recent summary of last year’s frequency and causes of confined space and grain entrapment incidents in the agricultural industry. With 218 Illinois cases, it’s a good reminder to everyone in the ag industry to take extra precautions when working in confined spaces such as grain bins, silos and manure storage facilities.   Read more

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Going ham for Christmas meat

It’s only September, but Tom Eickman of Eickman’s Meat Processing has had Christmas on his mind since April. As the third-generation operator of the family business, he still utilized his grandpa’s old-school methods to prepare hams. The key is to “keep it consistent, don’t cut corners,” he said. He will sell 1,500 to 1,700 hams during the Christmas season. Listen to how he is preparing for this year’s demand.   Listen

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A crop update from Jasper County

Dan Meinhart, a FarmWeek CropWatcher from Jasper County, began corn harvest last week. “The yield is good,” he said. Bean harvest began over the weekend, but he hasn’t received any early yield reports. Listen to his full harvest update with RFD’s Jim Taylor.

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Summer farm visits strengthen rural, urban ties

Illinois Farm Bureau’s Adopt-A-Legislator program helps to educate urban legislators about agriculture and rural life. More than 20 adopted legislators participated in visits this summer with their adopted counties. Read about their visits and what they learned in this wrap-up by FarmWeek’s Erin Henkel.   Read more

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View from the Cab: McLean County

Mathew Heberling might as well have been getting into a time machine when he stepped into the combine. He recently harvested corn trials at one of seven Answer Plots in McLean County. Some of the new varieties on the plots will eventually become products on the market to help farmers boost productivity and profitability in the future. The Christian County Farm Bureau president discussed his role as the senior research manager for Winfield and as a farmer with Daniel Grant.   Read more

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Vilsack details government shutdown impacts

The current fiscal year is set to expire Saturday and the U.S. House and Senate have yet to advance or agree on 12 appropriations bills. What does that mean for rural Americans and families who rely on federal nutrition and child care programs? USDA Secretary Tom Vilsack outlined the impacts during a briefing Monday.   Read more

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