Apr 24, 2012

2012 Custom Farming Agreements

An alternative to leasing farmland is a custom farming agreement (CFA). In a typical CFA, the custom operator agrees to perform all the machine operations on the owner’s land in exchange for a set fee or rate. The landowner pays for all seed, fertilizer, chemicals, crop insurance and other input costs; receives the all grain produced and all eligible farm program payments on the land; and is responsible to store and market the grain....More
Apr 24, 2012

Corn Planting Slips off Record Pace

U.S. corn planting progress slipped off a record pace last week as wet, cold weather limited planting activity in the western Corn Belt, even though producers in the eastern Belt made good progress last week....More
Apr 17, 2012

Interest Rates: What is Normal?

At a recent Executive Producer Roundtable summit in Spokane, WA, participants asked Ed Seifried and I the question, “What is a normal level of interest rates?” Today's agricultural producers and businesses have been managing their businesses through an extended period of low interest rates. For example, the prime rate has remained at 3.5% for nearly four years. With the Federal Reserve's statement that they would keep rates low through 2014, this would be an unprecedented period of low interest rates....More

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