Kent Thiesse is a former University of Minnesota Extension educator and now is Vice President of MinnStar Bank, Lake Crystal, MN. You can contact him at 507-726-2137 or via e-mail at kent.thiesse@minnstarbank.com.

Posts by Kent Thiesse

in Focus on Ag Mar 29, 2016

Understanding the difference in 2015 ARC-CO payments

Many producers are having difficulty understanding why there is such a wide variation in the estimated 2015 ARC-CO payments from county to county,....More
in Focus on Ag Mar 21, 2016

2016 Custom farm rates hold steady

The 2016 custom farming rates for corn and soybean production declined about 5 percent compared to a year earlier. In addition to the decline in fuel....More
in Focus on Ag Mar 15, 2016

Agriculture stats for National Ag Week

National Ag Week is March 13-19 across the United States, and March 15, is National Ag Day. To help celebrate, enjoy some statistics about today’s....More
in Focus on Ag Mar 08, 2016

Final crop insurance decisions must be made by March 15

March 15 is the deadline to purchase crop insurance for the 2016 crop year for corn and soybeans. USDA Risk Management Agency (RMA) recently....More
in Focus on Ag Mar 01, 2016

Estimated corn and soybean ARC-CO payments for 2015

Many producers are now wondering what the 2015 ARC-CO payments will be, which will be paid in October 2016, given that average corn and soybean price....More
in Focus on Ag Feb 16, 2016

With low prices, crop insurance is a risk management tool

Due to the current tight margins in crop production for the 2016 crop year, some farmers are contemplating reducing crop insurance coverage to save....More
in Focus on Ag Feb 08, 2016

7 considerations for choosing the best crop insurance in 2016

March 15 is the deadline to purchase crop insurance for the 2016 crop year. Profit margins for crop production this year are the tightest they have....More
in Focus on Ag Feb 02, 2016

Adjusting to lower crop prices in 2016

The projected cash corn price for the 2015 crop, which is now in storage, is expected to remain at fairly modest levels until next summer, and....More
in Focus on Ag Jan 27, 2016

Will low crop prices increase CRP acres?

There appears to be more interest in the CRP enrollment in 2016, due to the current lower crop prices and reduced farm profitability. FSA will rank....More
in Focus on Ag Jan 12, 2016

5 strategies for risk management on the farm in 2016

Projected profit margins for 2016 crop production are still below breakeven levels for many producers. Here are some financial strategies for farm....More

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