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.
Rep. Dusty Johnson of South Dakota joined us to discuss rising input costs, proposed fertilizer legislation, and potential support for farmers navigating tight margins.
April 21, 2026 12:39 PM
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Lewis Williamson with HTS Commodities joined us to discuss the latest crop progress report and how market uncertainty and input costs are shaping planting decisions this spring.
April 21, 2026 12:00 PM
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Roger McEowen breaks down the EPA’s updated dicamba regulations and shares what farmers need to do to remain compliant under the new rules this growing season.
April 20, 2026 05:01 PM
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Jarrod Hardke with the University of Arkansas break down extreme drought conditions, shifting planting decisions, and the impact of rising input costs on Arkansas agriculture this season.
April 20, 2026 04:32 PM
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Rising costs and tighter margins are shaping the 2026 outlook.
April 20, 2026 01:00 PM
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Oklahoma livestock economist Dr. Derrell Peel helps us break down the April Cattle-on-Feed report and what it signals for herd rebuilding, supplies and prices moving forward.
April 20, 2026 12:36 PM
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