The 2026 Illinois farmland market continues in a phase of stabilization following several years of unprecedented appreciation. While valuations exhibit projected softening in response to compressed crop margins and elevated operational expenditures, these downward pressures are partially countered by the distribution of ad hoc federal payments. Ultimately, as the market adjusts to current economic headwinds, the farmland sector maintains its fundamental strength and long-term resilience.

This article examines longer term trends in general rates and ag input prices. In addition to demand and supply shocks, input prices for ag producers are affected by changes in general inflation. During the 1973 to 2025 period the average annual increase for the implicit price deflator for personal consumption expenditures and the USDA ag price index for production items were 3.4% and 4.1%, respectively. The correlation between the annual rates for these two indices was 0.59 over this period.

The U.S. and Iranian governments agreed to a temporary ceasefire on Tuesday, but growers should not expect immediate fertilizer price relief, analysts warn. And if lasting peace doesn’t materialize, consumers…

U.S. farmer sentiment improved in March despite fuel and fertilizer cost increases due to the Iran war, according to the newest Purdue University-CME Group Ag Economy Barometer Index. The barometer…

U.S. agriculture equipment maker Deere on ​Monday agreed to pay $99 million into a settlement fund for ‌farms and farmers that are part of a class action over costs and…

Fertilizer producers Mosaic and Simplot say they support keeping countervailing duties on Moroccan and Russian phosphate fertilizer in the five-year review now underway. If the domestic industry had said it…