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 Dec. 25, 2012

2012 Ag Review: Input Costs, Grain Prices

This is the second of a two-part article highlighting what happened agriculturally in 2012. This article will focus on a review of 2012 input costs....More
in Focus on Ag Dec. 11, 2012

Prospects for a New Farm Bill

The 2008 Farm Bill expired on Sept. 30, 2012, and some programs will be discontinued without a new farm bill, or an extension of the 2008 Farm Bill....More
in Focus on Ag Dec. 4, 2012

Fiscal Cliff Will Affect Farm Operators

The so-called “fiscal cliff” is a name that has been attached to the combination off spending cuts and tax increases at the federal level that are....More
in Focus on Ag Nov. 27, 2012

Custom Rates, Machinery Cost and Bin Checks

An increased number of farm operators are now providing some type of custom work to other farmers during the growing season. Many times, the farmers....More
in Focus on Ag Nov. 20, 2012

EPA Denies RFS Waiver

The EPA recently announced that it would be denying the request for a waiver of the Renewable Fuels Standard (RFS). The EPA indicated that the agency....More
in Focus on Ag Nov. 13, 2012

USDA Increases Expected Soybean Production

The USDA Crop Production report released on Nov. 9 increased the estimated total soybean production in 2012 to 2.97 billion bushels, which is 4%....More
in Focus on Ag Nov. 6, 2012

Crop Insurance Prices Finalized

Now that the 2012 corn and soybean harvest season is completed, many farm operators are focusing their efforts on 2012 crop insurance claims. It is....More
in Focus on Ag Oct. 30, 2012

Flexible Lease Details

We have received a large number of inquiries for information on the potential use of flexible cash leases for the 2013 crop year. Flexible leases....More
in Focus on Ag Oct. 23, 2012

High Cash Rental Rates Increase Risk

The continued strength in corn and soybean commodity prices in the past few months, and the resulting increase in crop income per acre for 2012, has....More