May 31, 2011

Crop Conditions Variable

Across the southern one-third of Minnesota, nearly all the intended corn is planted, and 50-80% of the soybeans are planted, depending on the location. Most of the corn and soybeans that are planted in this region have emerged, and stands look very good. However in the northern portions of southern Minnesota, up in to central, west-central and northwestern Minnesota, the planting progress is much different. In many areas of these regions, corn planting is 75% or less completed, and very few soybeans are planted....More
May 31, 2011

Asset Bubble Vs. Credit Bubble

Everywhere one goes in agriculture circles, discussion centers on economic bubbles. With record commodity prices and some people indicating there will be no end to global growth, demand expectations are high. Land sales above $10,000/acre and land rents doubling in the past five years from $200 to $400/acre raise the eyebrow of those on a conservative path....More
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