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Illinois Farm Economics Summits
Challenging Environment, Tight Margins
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This year’s series of IFES meetings will update attendees on the current state of the Midwest farm economy and discuss the challenges and opportunities currently facing farmers. Despite improved pricing prospects, producers continue to operate in a challenging environment of tight margins. Production costs have continued to rise and remain subject to significant uncertainty and volatility due to ongoing geopolitical developments. At the same time, changes to biofuels and 45z tax policy may create market opportunities for grains and oilseeds produced in ways that allow biofuel producers to qualify for low-carbon fuel tax credits.
IFES is scheduled for the week of December 14 in Mt. Vernon, Sherman, Peoria, and DeKalb.
