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 Jan 13, 2015

Management strategies for 2015

In 2015, crop revenues are likely to be significantly reduced compared to revenue levels in recent years. 2015 crop input costs for seed, fertilizer....More
in Focus on Ag Jan 06, 2015

Market year average prices affect farm program decisions

One of the key components for farm operators to understand as they evaluate the new farm program options is the concept of Market Year Average (MYA)....More
in Focus on Ag Dec 30, 2014

Agriculture in 2015: Farm program sign-up, renewable fuels, crop production and land values

2015 is setting up to be another interesting year in the agriculture industry, following a fairly profitable year in 2014 for many livestock....More
in Focus on Ag 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
in Focus on Ag 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
in Focus on Ag 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
in Focus on Ag 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
in Focus on Ag 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
in Focus on Ag 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
in Focus on Ag 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

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