Many farmers are preparing for next year, and that includes figuring out rent prices.
A new survey shows cash rents in Illinois are set to fall next year.
“We did a survey of the Illinois Society of Professional Farm Managers and Rural Appraisers. We did that in August, and they were saying that their 2025 leases would be down $25 per acre from this year. So, just to give you a feel, we are projecting for Illinois FBFM farms something below $30,000 of net income for 2024. Cash rents went up from 2020 to 2025 by an average of about $40 in the state. So we’re beginning to see a retrenchment. A $25 reduction will help. It won’t get us back to the profitability levels, but it’s a start in that direction,” said Gary Schnitkey.
Analysts recommend farmers work to lower cash rent obligations for next year, while also paying close attention to inputs needs and costs.
University of Arkansas researchers are working to help farmers reduce grain waste and get more value out of their crops.
April 29, 2026 03:03 PM
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ASFMRA’s Luke Worrell joined us to discuss farmland market trends, insights from the Illinois Land Values Conference, changing buyer and seller demographics, and the latest outlook on planting progress.
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Roger McEowen joins us to explain the USDA appeals process and how farmers should navigate adverse decisions and crop insurance disputes.
April 29, 2026 02:20 PM
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April 29, 2026 02:08 PM
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Data center growth can bring opportunities, but competition for land, water, and power will matter more in rural areas.
April 29, 2026 10:00 AM
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