Most Recent Blog Posts

Dec 22, 2014

2014 Agriculture review, part 2: Input costs, grain prices and farm economy

This is the second of a two-part article highlighting what happened agriculturally in 2014. Last week’s article provided a review of 2014 crop....More
Dec 16, 2014

2014 Agriculture review, part 1: Planting and growing conditions

2014 will be remembered as the second crop year in a row with weather extremes and highly variable crop conditions in many areas of Minnesota and....More
Dec 09, 2014

Fine tune 2015 profit margins for your farm: Land rental rates, production expenses

The combination of lower projected corn prices and soybean prices in 2015, together with nearly steady input costs for seed, fertilizer, and....More
Dec 02, 2014

Finalizing custom rates for 2014

An analysis of some of the more common custom rates in the 2014 Iowa Custom Rate Survey showed that the listed “average” custom rates for some....More
Nov 25, 2014

Farm program signup begins

Sign-up for the new farm program, which part of the new farm bill, is now underway at local USDA Farm Service Agency (FSA) offices. The new farm....More
Nov 18, 2014

USDA lowers expected 2014 corn production

In most instances, record USDA crops get even bigger as the crop is being harvested; however the Nov. 10 USDA Crop Report lowered the expected 2014....More
Nov 11, 2014

Caution advised on high land rental rates

Lower corn and soybean prices are causing some concern among farm operators, as they negotiate land rental rates for the 2015 crop year. Some 2015....More
Nov 04, 2014

2014 Crop insurance harvest prices finalized

Many farmers with final 2014 corn and soybean yields below actual production history (APH) crop yields who had a revenue protection (RP) crop....More
Oct 28, 2014

Price increases could impact crop insurance payments for 2014

Even with projected record U.S. production of both corn and soybeans in 2014, the market prices of both crops have risen during the month of October....More
Oct 21, 2014

Corn, soybean harvest progressing nicely; yields vary

The fall harvest season started a bit later than normal in 2014, but has been progressing at a fairly nice pace in recent weeks across the region. In....More
Oct 14, 2014

USDA increases estimated crop yield

The Oct. 10 USDA Crop Report showed an increase for both U.S. corn and soybean yields, as compared to September report. This corresponds closely to....More
Oct 06, 2014

Lower crop prices may impact land rental rates

Average rental rates for 2014 were as high as, or even higher than, 2013 land rental rates in most situations across the region. Farm operators and....More
Sep 30, 2014

Slow start to harvest in the Upper Midwest

A lot of corn and soybeans in southern Minnesota have turned color, and appear to be mature; however, much of this visual appearance was the result....More
Sep 23, 2014

2014 Crop insurance payments likely (in Minnesota)

The continued low CBOT corn and soybean prices increases the likelihood of significant 2014 crop insurance indemnity payments for many Minnesota farm....More
Sep 16, 2014

USDA projects record 2014 crop production

The USDA Crop Production Report released Sept. 11 is projecting record U.S. production in 2014 for both corn and soybeans. Production levels for both....More
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