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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

‘Farming looks different for everybody’

Natasha Lehrer Lewis said it was happenstance that she became a farmer. Her family made the unexpected move from the suburbs to an 8-acre farm in Big Rock in 2000. Over the last 23 years, she’s found her niche in fiber arts, florals and organic vegetables. “I definitely just felt like it was meant for me,” she said of her journey to agriculture.   Read more  

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IFB Carbon Team tours Marquis Energy

Members of Illinois Farm Bureau’s Carbon Team explored the Marquis Industrial Complex, home to the state’s largest dry mill ethanol plant and the future site of soy crush and sustainable aviation fuel facilities. FarmWeek’s Timothy Eggert highlights key takeaways from the visit, including emerging markets for Illinois-grown ag products.   Read more

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Prairie Fruits Farm & Creamery owners look to next chapter

It’s been 20 years since Leslie Cooperband and Wes Jarrell planted their first fruit trees and purchased their first four Nubian goats. They’ve grown the goat dairy-farmstead creamery operation to 80 acres and more than 90 goats. But now, it’s time for their next chapter. Prairie Fruits Farm & Creamery is on the market for $1.6 million, and the couple hopes the next generation can build on their successes.   Read more

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A crop update from Wabash County

Kevin Raber, a FarmWeek CropWatcher from Wabash County, expects an average corn crop and below-average soybean crop. He discussed the impacts of drought on his crop, current condition and harvest with RFD’s Jim Taylor. Listen here

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Plant-based meat alternatives struggle to make the cut

Consumers made a swing to plant-based meats in 2020, but sales have plummeted since 2021. “Whatever their reason for purchase, plant-based offerings appear to have fallen short of consumers’ expectations in terms of either cost or performance,” said Billy Roberts, senior food and beverage economist for CoBank.   Read more

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Basse: 2024 could be the year of protein

Meat demand is expected to stay strong as supplies tighten. Dan Basse, president of AgResource Co., said in addition to shrinking cattle herds, “we’re starting to see liquidation in hogs and even the poultry flock.” That’s good news for the market as consumption of protein continues to accelerate.   Read more

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