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 10, 2015

Less than a month to make decisions on new farm programs

Most farm operators have been contemplating farm program choices for the new farm bill for the past 6-8 months; however, decision time has now....More
in Focus on Ag Mar 03, 2015

2014 Farm program payments become clearer

The USDA National Agricultural Statistics Service (NASS) released the 2014 estimated average county yields for corn, soybeans and other crops in late....More
in Focus on Ag Feb 24, 2015

Time to finalize 2015 crop insurance decisions

Profit margins for crop production this year are the tightest that they have been for several years, which makes 2015 crop insurance decisions....More
in Focus on Ag Feb 17, 2015

New crop insurance options for 2015

Profit margins for crop production this year are the tightest that they have been for several years, which makes the 2015 crop insurance decisions....More
in Focus on Ag Feb 10, 2015

Farm program deadlines approaching

The deadline to finalize decisions on base acre reallocation and updating payment yields at local Farm Service Agency (FSA) offices is Feb 27. The....More
in Focus on Ag Feb 02, 2015

8 Tips for risk management in 2015

It appears we are definitely likely to see much tighter profit margins in corn and soybean production in 2015 and beyond, as compared to profit....More
in Focus on Ag Jan 27, 2015

Cash flow planning with PLC, ARC-CO, ARC-IC

Those currently involved in doing cash flow planning may wonder what amount, if any, can be included in a cash flow projection for estimated farm....More
in Focus on Ag Jan 20, 2015

USDA report recap, January 2015

As expected, the USDA Crop Production Report released on Jan. 12 indicates that both the total U.S. corn production and soybean production for 2014....More
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

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