Advertisement

Ad promo image large
  • Published Date

    August 1, 2025
    This ad was originally published on this date and may contain an offer that is no longer valid. To learn more about this business and its most recent offers, click here.

Ad Text

AG ECONOMY DOWNTURN WILL CONTINUE CONSIDER YOUR PLAN NOW TO WEATHER A PROLONGED ECONOMIC STORM Low commodity prices are hurting Illinois row crop farmers, while input costs remain high. Agricultural economists at the University of Illinois forecast losses of $80-$105 on every acre of corn and soybeans grown in Illinois in 2025 (farmdoc June 3, 2025). Government payments in the One Big Beautiful Bill Act may help trim losses to $23 per acre in central Illinois. These payments will not arrive until October 2026. This third consecutive year of losses will lead to a fourth year in 2026 unless corn and soybean demand grow quickly and dramatically, input prices drop substantially, or the world experiences unforeseen production decline. Returns to a 50% Corn - 50% Soybean Rotation in $ per acre Central Illinois, Cash Rented Farmland, 2000 to 2025P $350 $300 $250 $200 $150 $290 $278 $251 $235 $179 $269 $100 $106 $125 $104 $87 $50 $63 $47 $9 $26 $26 $0 $25 $29 -$3-$10 -$46 $68 -$50 $65 Projected OBBBA ARC/PLC payments -$100 -$88 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Projected ILLINOIS Source: Illinois FBFM and farmdoc projections farmdocDAILY Projected Spending per Base Acre on PLC/ARC: 2018FarmBillvs.HouseandSenate Reconciliation Bills Corn $26 $31 $37 $12 Soybeans $21 $22 $9 Wheat $17 $17 Seed $36 cotton $91 $91 $118 Peanuts $94 Rice ILLINOIS Source: Original calculations 2018 Farm Bill House Reconciliation Bill Senate Reconciliation Bill (Final) $256 $256 $268 $268 farmdocDAILY Read farmdocDAILY What can you do? 1. Review the Data This analysis shows an estimated amount of assistance you may receive in October 2026 for the 2025 crop. 2. Plan for Delayed Assistance Determine how to cash flow your family farm until assistance arrives in fall 2026. 3. Tighten the Belt for Another year At this time, experts believe that only a production disruption will change the forecast for the 2026 profitability equation. Plan accordingly. IL CORN GROWERS ASSOCIATION ILLINOIS FARME BUREAU ILLINOIS We know that farm families are beginning to feel financial pressure. Please share the following info with your neighbors or use it for yourself: SOYBEAN The Farm Family Resource Initiative Helpline is a confidential service available 24/7, GROWERS call 1-833-FARM-SOS (1-833-327-6767). AG ECONOMY DOWNTURN WILL CONTINUE CONSIDER YOUR PLAN NOW TO WEATHER A PROLONGED ECONOMIC STORM Low commodity prices are hurting Illinois row crop farmers , while input costs remain high . Agricultural economists at the University of Illinois forecast losses of $ 80- $ 105 on every acre of corn and soybeans grown in Illinois in 2025 ( farmdoc June 3 , 2025 ) . Government payments in the One Big Beautiful Bill Act may help trim losses to $ 23 per acre in central Illinois . These payments will not arrive until October 2026 . This third consecutive year of losses will lead to a fourth year in 2026 unless corn and soybean demand grow quickly and dramatically , input prices drop substantially , or the world experiences unforeseen production decline . Returns to a 50 % Corn - 50 % Soybean Rotation in $ per acre Central Illinois , Cash Rented Farmland , 2000 to 2025P $ 350 $ 300 $ 250 $ 200 $ 150 $ 290 $ 278 $ 251 $ 235 $ 179 $ 269 $ 100 $ 106 $ 125 $ 104 $ 87 $ 50 $ 63 $ 47 $ 9 $ 26 $ 26 $ 0 $ 25 $ 29 - $ 3- $ 10 - $ 46 $ 68 - $ 50 $ 65 Projected OBBBA ARC / PLC payments - $ 100 - $ 88 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Projected ILLINOIS Source : Illinois FBFM and farmdoc projections farmdocDAILY Projected Spending per Base Acre on PLC / ARC : 2018FarmBillvs.HouseandSenate Reconciliation Bills Corn $ 26 $ 31 $ 37 $ 12 Soybeans $ 21 $ 22 $ 9 Wheat $ 17 $ 17 Seed $ 36 cotton $ 91 $ 91 $ 118 Peanuts $ 94 Rice ILLINOIS Source : Original calculations 2018 Farm Bill House Reconciliation Bill Senate Reconciliation Bill ( Final ) $ 256 $ 256 $ 268 $ 268 farmdocDAILY Read farmdocDAILY What can you do ? 1. Review the Data This analysis shows an estimated amount of assistance you may receive in October 2026 for the 2025 crop . 2. Plan for Delayed Assistance Determine how to cash flow your family farm until assistance arrives in fall 2026 . 3. Tighten the Belt for Another year At this time , experts believe that only a production disruption will change the forecast for the 2026 profitability equation . Plan accordingly . IL CORN GROWERS ASSOCIATION ILLINOIS FARME BUREAU ILLINOIS We know that farm families are beginning to feel financial pressure . Please share the following info with your neighbors or use it for yourself : SOYBEAN The Farm Family Resource Initiative Helpline is a confidential service available 24/7 , GROWERS call 1-833 - FARM - SOS ( 1-833-327-6767 ) .