News

Downward Pressures on 2016 and 2017 Cash Rents


Cash rents on professionally-managed farmland decreased in 2016. In 2017, pressures to lower cash rents will intensify if commodity prices do not increase. In this article, a table is presented that summarizes cash rents for professionally managed and “average” farmland in Illinois for 2014 through 2016. The 2016 cash rents for “average” farmland is a projection. Data from the Illinois Society of Professional Farm Mangers and Rural Appraisers (Illinois Society) and the U.S. Department of Agricultural are used in preparing this table. Then, pressures on 2017 cash rents are described. Also presented in the appendix are additional tables useful in judging cash rents.

Read the entire story here.

ProAg Quick Links

Agent Toolbox Grower Toolbox Careers

ProAg News

Flooding Swamps Upper Midwest Harvest

Forecasts for heavy rain in the Upper Midwest for the final days of the official 2018 summer season have been verified -- and the result is not favorable for harvest....

U.S. Farm Debt Continues Its Upward March

With farm income having dropped and continuing to decline, there is beginning to be more attention paid to the level of debt in the U.S. farm sector....
Get ProAg updates via email
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×