This article concludes our series on the liquidity of Illinois grain farms. In our previous article (farmdoc daily March 13, 2024), we examined the current ratio trends of grain farms in Illinois at both statewide and regional levels. We found that there has been a substantial improvement in liquidity over the last two decades. However, we also observed regional differences in liquidity. We now consider how the size of gross farm returns1 relates to the liquidity of Illinois grain farms using data obtained from the Illinois Farm Business Farm Management (FBFM). We define small farms as those with gross farm returns less than $350,000, medium-sized farms as those with returns between $350,000 and $999,999, and large farms as those with returns greater than $999,999.
