Growers across the U.S. are making more money as Russia’s invasion of Ukraine chokes off supplies from a key producer of everything from corn to wheat and sunflower oil. Higher prices have boosted farmer profits to almost $161 billion this year, a 14% increase from 2021, the U.S. Department of Agriculture estimates.
(The Center Square) – Illinois farmland values continue to escalate, a new survey shows. According to the survey by the Illinois Society of Professional Farm Managers, Illinois farmland values are up 18% over the past y.