Grain-farm income to plummet this year in Midwest

A farmer with 1,500 acres of highly productive land in central Illinois could see net income this year that is a fraction of last year – around $7,500 versus more than $103,000 in 2014, says U-Illinois economist Gary Schnitkey. In deriving the figure, Schnitkey started with estimated returns of $244 an acre this year after… » Read More

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