Illinois

The stronger land prices of late 2021 continued in the first months of 2022. According to Farmers National Company, sale prices took another jump higher because of the war in Ukraine and ongoing inflation fears. Farmers saw higher commodity prices, and investors wanted a low-risk inflation hedging investment, which propelled the competition for good cropland ...

Deere & Company announced this week the expansion of its U.S. footprint with the opening of a new Chicago office. The company plans to add 150 information technology jobs at the office over the next two years, with the goal of hiring a total of 300 positions to support IT and additional roles. T ...

Despite wild weather in the Midwest and Southeastern U.S. and growing tensions with Russia and China, coronavirus remains the top issue for oil investors. Patrick DeHaan with GasBuddy said the Omicron variety has had the attention of the markets for roughly two weeks, but he noted investors are not as concerned about this new variety as they once were ...

Investing in resilient, climate smart infrastructure in rural America. "We're announcing $633-million being invested into 793 projects impacting all 50 state and Puerto Rico," Agriculture Secretary, Tom Vilsack said late last week as he announced new investments in climate smart Ag ...

A spokesperson for Deere and Company says there will not be a third contract offer to striking union workers. The UAW John Deere members voted to reject the second proposal from Deere this week, leaving more than 10,000 workers on strike. In a company statement, Deere said, “With the rejection of the agreement covering our Midwest facilities, we will execute the next phase of our Customer Service

Deere and Company employees this week again rejected a tentative contract agreement. By a vote of 45% to 55%, United Auto Workers John Deere members voted down the agreement Tuesday night. UAW said the strike will continue as they discuss next steps with the company ...

According to Farm Progress, producers need to keep an eye on their precision ag equipment, such as auto-guidance monitors and antennas. An ag store in central Illinois was set to send some equipment for field demonstrations at the 2021 Farm Progress show when a representative showed up to take the tractor there and couldn’t find the auto guidance monitor and antenna. Sta ...

When taking a look at winter wheat nationwide, one-third of the crop has been harvested. According to USDA meteorologist Brad Rippey, that 33% figure is behind the five-year average of 40% and also off of last year's 59% harvested at this time ...

Average sales prices for high-quality land in many states are at or near the peak prices last seen in January 2014. According to internal estimates from Farmers National Company, set to be released next month, land values have taken a sizable jump the past six months, and the new levels reflect that move ...

Farm Progress will return to hosting live events with the Farm Progress Show in Decatur, IL, August 31-September 2, and Husker Harvest Days in Grand Island, NE, September 14-16. A survey done by Readex Research indicated that 84% of past show attendees will go to the show in person or plan to attend if their schedule allows it ...