Nov 29, 2011
blog

Farmland Values: The Talk of the Town 1

At the 59th annual ABA Agricultural Bankers Conference in Indianapolis, IN, sessions and hallway discussions concerning land values were front and center. In the U.S., farmland values have doubled since 1990 in real terms. Discussion with the Canadian bankers attending the conference confirmed that the same trend is occurring in many provinces. From a global perspective, British farmland has increased 135% over the past decade....More
Nov 29, 2011
blog

Custom Rates, DCP And ACRE Signup, Bin Check 1

An increased number of farm operators are now providing some type of custom work to other farmers during the growing season. Many times, the farmers involved in custom work arrangements wonder what a fair custom rate is for the various faming practices that were performed....More
Nov 29, 2011
blog

Corn, Soybean Crop Insurance Rates to Fall

Many U.S. corn and soybean growers will pay lower rates for crop insurance in 2012 thanks to an updating of the methodology for setting rates, USDA’s Risk Management Agency (RMA) said on Monday....More
Nov 22, 2011
blog

Transfer Of The Farm Business

Each month this fall and winter I will devote one article to addressing transition management from my professional vantage point. Transition management is one of the top three issues facing agriculture and business worldwide. The following question came from one of our readers concerning transition management of the farm and ranch business....More
Nov 22, 2011
blog

Use Caution On Cash Rental Rates

Cash corn and soybean prices have been strong for the past 12-18 months, which is spurring some very rapid and dramatic increases in annual cash rental rates. Cash corn prices in southern Minnesota are near $5.75/bu. as of Nov. 21, and cash soybean prices are near $11; however, local corn prices were as high as $7/bu. in early September, and were above $6 until mid-November. Local cash soybean prices were above $13.50 in early September, before dropping back to the current price levels....More
Nov 22, 2011
blog

South Korea Ratifies Free Trade Deal With U.S.

South Korea’s National Assembly approved a landmark free trade agreement with the U.S. on Tuesday during a tumultuous session in which an opposition lawmaker reportedly set off a tear gas device in an attempt to block passage of the pact....More

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