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.
March cold storage data showed generally tighter year-over-year stock levels across several key meat and dairy categories.
April 28, 2026 06:00 AM
·
Spring Weather Splits Conditions Across American Farm Country
April 27, 2026 05:34 PM
·
NAAA’s Andrew Moore joins us to discuss the role of ag aircraft in crop protection and emerging concerns surrounding stolen agricultural drones.
April 27, 2026 04:25 PM
·
Dr. Peter Beetham with Cibus joins us to discuss the Supreme Court review of a case about glyphosate use, its potential impact on Bayer and Roundup, farmers who use the products, and the ag industry as a whole.
April 27, 2026 03:18 PM
·
Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.
April 27, 2026 03:05 PM
·
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
April 27, 2026 01:08 PM
·
