Farm Economy Temperature Survey

Illinois Farm Economy Faces Pressure from Low Prices and High Costs

At the 2025 Farm Progress Show, IL Corn did a survey on the Farm Economy. This survey showed that Illinois farmers are concerned about their farms and the need for changes in production costs.

Based off 259 Illinois farmers or landlord/ retired farmer

• 68% say corn and meat product exports are inhibited by current trade climate
• 83% say there is a long-term growth potential for domestic ethanol use
• Top areas of concern from the MAHA movement
• Food regulation
• Pesticide regulation
• Human Health
• Top answers to address low corn prices
• More exports
• Increased ethanol use
• Lower input costs

The findings come as farmers face the largest three-year decline in net cash receipts in history because of declining crop farm profitability associated with lower prices and elevated input costs. Policy action is becoming urgent to expand ethanol blends, improve market access, and address high input costs.

On top of that, the U.S. Department of Agriculture (USDA) is projecting record crops this year. Despite demand forecast at a record level, it still trails production, and any reduction could further drive down corn prices. 

This past week, IL Corn used these findings to show lawmakers how Illinois farmers are feeling about the farm economy.