Jan 24, 2012

Be Careful of Off-Farm Siblings

With record high prices being set daily for farmland, and reports from the news media about the riches in agriculture because of high commodity prices, pressure is mounting on family members operating farms. A case in point was a situation at a recent seminar in the upper Midwest. The parents were being pressured by their off-farm children over the Thanksgiving table to raise the rent on the two family members operating the family farm. In this case, they felt that $300/acre was low given commodity prices reported on the Chicago Board of Trade....More
Jan 24, 2012

Does it Feel Like the Late 1970s?

During the past few years, many comparisons have been made with the agricultural economy that existed in the late 1970s, with record grain prices, high farm profits and rapid increases in land values. Here are some things to consider:...More
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