Oct 30, 2012

Farmland Price Sets New Record

Farmland prices in Iowa hit a new record high on Thursday when an 80.47-acre parcel sold for $21,900/acre, the auction firm that handled the sale said Friday. The parcel is located in Sioux County near Boyden, Iowa, about 42 miles southeast of Sioux Falls, S.D. The sale soared past last year's record price of $20,000/acre which was set in an auction for a 74-acre parcel held in the same county in northwest Iowa....More
Oct 23, 2012

High Cash Rental Rates Increase Risk

The continued strength in corn and soybean commodity prices in the past few months, and the resulting increase in crop income per acre for 2012, has caused many landlords to consider significant increases in cash rental rates on farm land for 2013. This comes after substantial increases in most rental rates from 2008 to 2012....More
Oct 23, 2012

2013 Acreage Watch

Soybeans come in a poor second compared to corn in Ohio State University's initial crop budget analysis for 2013. The spreadsheet used by Barry Ward, Extension production business management specialist, plugged in sales values of $6.24/bu. for corn and $13.20/ bu. for soybeans....More
Oct 22, 2012

Top 4 Management Tips for Success in the Ag Industry 1

In a recent webcast for the Farm Credit University Commercial Ag Lender class, one of the lenders asked me an intriguing question: What do you feel is the single most important management aspect of the agricultural industry that producers should consider for their success over the next three to five years?...More

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