Jul 26, 2011
blog

Corn, Soybean Conditions Slide More Than Expected

U.S. corn and soybean conditions continued to decline last week as hot, dry weather took a toll on fields in the southwestern and eastern parts of the Corn Belt. For the second straight week, USDA’s ratings of the U.S. corn and soybean crops declined more than expected....More
Jul 26, 2011
blog

Are We Headed For a Land Value Bubble?

In fall 2010, Sheila Bair, chair of the Federal Deposit Insurance Corporation (FDIC), raised a few eyebrows when she suggested that we could be headed for a “farm land financial bubble” due to the rapid increase in farmland values in recent years. The FDIC oversees the financial health of many of the community banks that are involved in agricultural lending....More
Jul 26, 2011
blog

The Land Sale Dilemma 1

I received an e-mail from a recent widow whose husband had attended my seminars over the years and was a loyal follower of economic and business-management trends. She was in a dilemma over whether to sell the farm ground while the prices are skyrocketing in her area and liquidate the remaining debt, or continue to lease the farm ground....More
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