Management
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Concentration of Illinois Grain Farms
Agricultural census data allows tracking of acres operated by farms of different sizes. We use this data to track grain farm concentration over time. Acres operated by farms with over 2,000 acres has risen from 16.0 percent of Illinois acres…
Machinery Cost of Operations Estimates
Machinery Cost Estimates Summary
Field Operations
Harvest Operations
Forage Operations
Illinois Crop Budgets and Historic Returns
2020 Budgets For All Regions
This publication presents crop budgets for three regions in Illinois: northern, central, and southern Illinois. Central Illinois is further divided…
2019 Budgets For All Regions
2018 Budgets For All Regions
Historic Corn, Soybeans, Wheat and Double Crop Soybeans
2017 Budgets For All Regions
2016 Budgets For All Regions
2013 – 2016 Budgets For All Regions
Cost to Produce Corn and Soybeans in Illinois
IL Farmland Leasing and Rental Forms
Crop Share Lease Form – PDF
Livestock Share Lease Form – PDF
Fixed Cash Rent Lease Form – Short Form – PDF
Pasture Lease Form – PDF
Illinois Cash Farm Lease Form – PDF
The lease form represents a basic model for an agricultural lease. The parties to the lease or their legal counsel…
Conservation Habitat Addendum – PDF
Nutrient Management Addendum – PDF
Soil Health and Conservation Addendum – PDF
Farmland Leasing Facts Sheets and Pricing Information
Variable Cash Rent Leasing Fact Sheet
Index Numbers of Illinois Farmland Values
Finance
Financial Characteritics of Illinois Farms
Credit Reports and Consumer Credit Scoring
Whole Farm and Other Reports
Summary of Illinois Farm Business Records
Farm Income and Production Cost Summary
Farm and Family Living Income and Expenses
Cost to Produce Beef in Illinois
Cost to Produce Milk in Illinois
Concentration of Illinois Grain Farms
Agricultural census data allows tracking of acres operated by farms of different sizes. We use this data to track grain farm concentration over time. Acres operated by farms with over 2,000 acres has risen from 16.0 percent of Illinois acres…
Yield Updating Decisions under the 2018 Farm Bill
Landowners will have a one-time yield updating decision under the 2018 Farm Bill: 1) keep the current Price Loss Coverage (PLC) yield that is assigned to a crop on a Farm Service Agency (FSA) farm or 2) update based on…
Market Facilitation Program (MFP) Payments and 2020 Cash Rents
Market Facilitation Program (MFP) payments have served as a significant source of revenue on grain farms in 2018 and 2019. Without MFP payments, average farmer returns would be negative in 2019, and far below any level since consistent records began…
Projected Net Incomes on Illinois Grain Farms in 2019 and 2020
Due to lower corn and soybean yields, 2019 net farm incomes on Illinois grain farms are projected to decline more than $80,000 per farm from 2018 levels. The low yields are partially offset by higher corn and soybean prices and…
Cost and Returns from Different Nitrogen Application Timing in Illinois
Overall returns on Illinois grain farms are projected to be much lower in 2019 than recent years, resulting in more consumer about managing input costs. Fertilizer, seed, and pesticide costs represent a large portion of the total cost of producing…
Release of 2018 Farm Bill What-If Tool
The 2018 Farm Bill What-If Tool has been released. This Microsoft Excel spreadsheet will estimate Price Loss Coverage (PLC) and Agricultural Risk Coverage at the county level (ARC-CO) for specific prices and yields that a user enters. Currently, the tool…
Concentration of Illinois Grain Farms
Agricultural census data allows tracking of acres operated by farms of different sizes. We use this data to track grain farm concentration over time. Acres operated by farms with over 2,000 acres has risen from 16.0 percent of Illinois acres…
Yield Updating Decisions under the 2018 Farm Bill
Landowners will have a one-time yield updating decision under the 2018 Farm Bill: 1) keep the current Price Loss Coverage (PLC) yield that is assigned to a crop on a Farm Service Agency (FSA) farm or 2) update based on…
Wet Grain, Test Weight, and Late Corn Harvest
According to NASS, 20 percent—some 2 million acres—of the 2019 Illinois corn crop was still in the field on November 17. Following unprecedented delays in planting, the warm weather in September helped move the crop towards maturity, and frost did…
Market Facilitation Program (MFP) Payments and 2020 Cash Rents
Market Facilitation Program (MFP) payments have served as a significant source of revenue on grain farms in 2018 and 2019. Without MFP payments, average farmer returns would be negative in 2019, and far below any level since consistent records began…
The State of Soybean in Africa: Soybean Yield in Africa
African producers supply less than 1% of the world’s soybeans. Worldwide production of soybean has grown at a compound annual growth rate (CAGR) of 4.68% since 1961, while African production levels are rising 48% faster at a rate of 6.84%…