The University of Illinois’ economist Dr. Gary Schnitkey forecasts in his farmdoc daily article “Revenues Below $700 per Acre Possible with Corn in 2017” that gross revenues on corn acres for 2017 could “range from a low in the mid-$600 range to a high of over $900 per acre,” with the “reasonable expectation” of $741 per acre.

His analysis is based on historical data from Logan County, IL.