Solvency Trends for Illinois Grain Farms: The Distribution of Debt-to-Asset Ratios by Gross Farm Returns

Gerald Mashange, Gary Schnitkey and Bradley Zwilling

farmdoc daily, 2025, vol. 14, issue 80

Abstract: Since 2000, average debt-to-asset ratios on Illinois grain farms enrolled in Illinois Farm Business Farm Management (FBFM) have decreased, generally indicating that the solvency position of farms has improved. Still, we see some farms with high debt-to-asset ratios. There are marked differences in debt-to-asset ratios across grain farms of different sizes. This article continues our evaluation of the solvency position of Illinois grain farms (see farmdoc daily, April 24, 2024, December 18, 2018, and September 20, 2019).

Keywords: Agribusiness; Farm Income; Financial Management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358526

DOI: 10.22004/ag.econ.358526

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