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Farm Income Outlook for 2022

December 1, 2021 at 11:00 am - 12:00 pm CST

The economic situation on Illinois grain farms has brightened with higher grain prices, resulting in relatively high incomes for 2021. Prices in 2022 could continue to be above the long-run average, but costs will increase substantially. If prices remain above average, incomes in 2022 likely will be near average. However, the higher 2022 costs require much higher corn and soybean prices to reach break-even.

Details

Date:
December 1, 2021
Time:
11:00 am - 12:00 pm
Event Categories:
,

Venue

farmdoc Webinars
University of Illinois
Champaign, IL 61820 United States
Website:
http://farmdoc.illinois.edu/webinars/

Organizers

Gary Schnitkey
Dale Lattz
Krista Swanson
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