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Financial Performance of Illinois Grain Farms: Deterioration in 2015


Financial performance on Illinois grain farms deteriorated in 2015 compared to performance in 2006 through 2012. From 2006 through 2012, Illinois grain farms were profitable and increased financial strength. Since 2013, both profitability and liquidity decreased. In 2015, net incomes were very low, liquidity decreased, and debt increased relative to assets.

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USDA Reports Review

The USDA World Agricultural Supply and Demand Estimate (WASDE) for July was met with much skepticism based on the corn numbers. With production 195 million bushels (mb) higher than in June and nearly 375 mb above the average trade estimate, the corn market sloughed off early weakness and closed sharply higher....

Helping wheat, corn producers target fertilizer needs

A few years ago, Agricultural Research Service (ARS) scientists in Akron, Colorado began noticing a pattern to their wheat harvests: yields were higher in low-lying areas. But it was the extreme variability in yields that surprised the researchers. ...

Grants help rural businesses lower energy costs

Acting Assistant to the Secretary for Rural Development Joel Baxley today encouraged farmers, rural small businesses and agricultural producers to apply for financing in a key U.S. Department of Agriculture (USDA) program that provides loan guarantees to help rural small businesses lower their energy costs....
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