Illinois cash rent info released

The farmdoc team has released its Illinois Cash Rents in 2026 and Outlook for 2027 article. 

It shows that In 2026, the average cash rent for farmland in Illinois took a slight dip for the second year running. While the average rents varied by county, more counties saw lower rents in 2026 than in 2025, compared to those with increases. The good news writes the farmdoc team this week on their website is that higher prices for corn and soybeans have made the return outlook for this year and next look better than in the last three crop years. Plus, producers can expect a payment from the 2025 ARC/PLC programs in the next month. Still, the expected returns are lower than the long term averages. The team, in conclusion, believes cash rents in the state will remain steady into 2027. 

If you’d like to read more and see maps with the USDA NASS average cash rents by county you may do so now on the farmdoc daily website. The farmdoc team including Gary Schnitkey and Nick Paulson will also present a webinar on the subject.