PDF VersionPrint this Article Off-farm Income: Managing Risk in Young and Beginning Farmer Households
University of Illinois at Urbana-Champaign’s corn, soybean, and wheat crop budgets for 2016 include highly productive cropland in northern and central Illinois—land that may yield 20% or more above the national average (Schnitkey, 2016). Considering the current costs of production, budgets show revenues will be high enough to provide a return to land; however, profits will not fully cover the costs of average cash rent. [node:read-more:link]