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Beautiful native wildflowers bloom in the foreground, and a family farm with mature trees are visible in the background.
Understanding Illinois Farmland Property Taxes
Understanding Illinois property tax calculations is complex and confusing. Properties such as personal residences are taxed based on fair market...
Aerial view of various farm fields with road running diagonally inbetween.
Farmland Values Showing Mixed Signals
Farmland values began to soften in late 2024. With decreasing farm profits in 2023 and 2024, farmland values held firm until the last quarter of 2024...
Cumulus clouds loom over rows of harvested corn with trees in the background.
Illinois farm cash rents in 2025
Cash Farm Rents in Illinois held steady to slightly downward in 2025 compared to 2024. At the recent Illinois Land Values Conference, ...
A field of corn with a house and hills in the background.
2025 Illinois farmland values: Statewide and local perspectives, part two
This blog is the second part of a two-part series analyzing the 2025 Farmland Values Report published by the Illinois Society of Professional Farm...
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News Releases

soybeans
A Look at USDA Prospective Plantings Report – March 31, 2025
The United States Department of Agriculture (USDA) has released the estimated acres for corn and soybeans to be planted. The report indicates a substantial reduction in intended soybean plantings for 2025 (at a negative 4%), offset by a significant increase in intended acres to be planted in...
farm records and a calculator
Tips for farm financial record keeping  
Keeping good financial records is vital for the farm's long-term success. Farm records can get neglected by most farmers who prefer to be out on the property instead of in the office. The following tips, if implemented, can make the farm operation more efficient and stronger and prepare the farm...
tractor in the field
Illinois Farm Cash Rents in 2025    
Cash Farm Rents in Illinois held steady to slightly downward in 2025 compared to 2024. At the recent Illinois Land Values Conference, farm managers from across the state released the statistics analyzed by the Illinois Society of Professional Farm Managers and Rural Appraisers (...
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Videos

Farm Management: Pre-plant Spraying

Before the seed goes in the ground, farmers spray the ground. For this particular filed the farm is using 28% nitrogen and a preplant herbicide. Thanks to technology, the farmer can utilize GPS and other onboard technology to better control the amount of spray being used.

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