Home | About | Blog | Facebook | Twitter

Saturday, December 26, 2015

Crop and Income Outlook - Conserve Cash Income | Farms.com

Crop and Income Outlook - Conserve Cash Income | Farms.com: Net incomes on Illinois farms have decreased form an all-time high near $290,000 in 2012. In 2014, net income for Illinois grain farms enrolled in Illinois Farm Business Farm Management (FBFM) averaged near $100,000 per farm. Much lower income levels are expected in 2015. If commodity prices do not increase in 2016, net income in 2016 likely will be at similar levels to that in 2015.