Farm Business Management

A green field with grain bins in the background.

Navigating Cash Rents in 2025: Insights and Best Practices, Part Two

October 25, 2024

This is the second post of a two-part blog series exploring cash rents for 2025. Part One described what a cash rent agreement is, the different types of cash rent agreements, and the trends in cash rent rates across Illinois. This post will analyze the projections for farmer returns in 2025, how...

Finish this story

Navigating Cash Rents in 2025: Insights and Best Practices, Part One

October 18, 2024

Farm Focus

With the 2024 growing year coming to an end, producers and farm operators are beginning to focus on the 2025 growing year. Producers are making decisions on what seed varieties they will plant, how they will market their grain for 2025 and beyond, what fertilizers they will apply, and a myriad of...

Finish this story

From fields to finances: Understanding changes in federal taxes for Central Illinois farms, Part 2

September 13, 2024

Farm Focus

This post is the second of a two-part blog series analyzing the impact of expiring federal tax provisions on farm businesses and households in central Illinois. Part one explored the current financial characteristics of farms across the United States and in Illinois and further examined the impact...

Finish this story

From Fields to Finances: Understanding Changes in Federal Taxes for Central Illinois Farms, Part 1

September 6, 2024

Farm Focus

Navigating the complexities of federal taxes can be challenging for farmers in Central Illinois. The 2017 Tax Cuts and Jobs Act (TCJA) and the American Rescue Plan Act (ARPA) of 2021 significantly changed federal taxes for individuals and estates. While many provisions of the TCJA were made...

Finish this story