Jun 21, 2011
blog

Corn and Soybean Crop Conditions Variable

Growing conditions for corn and soybeans are quite variable across Minnesota. In the southern quarter of the state most of the corn and soybeans were planted on a fairly timely basis, with some of the early planted corn now at 18-24 in. tall, but most corn being somewhat smaller. There are many portions of southwest and south-central Minnesota that have standing water in portions of fields from excessive rainfall amounts of 4-6 in. or more from June 13 to 19, with more heavy rains likely. Some replanting will be required in portions of fields, if fields dry out on a timely basis....More
Jun 21, 2011
blog

Oil or Mineral Lease Income

My next-door neighbor here in Virginia just inherited her family’s farm in Oklahoma. The land has oil and gas royalties and the checks are rolling in. While gasoline prices are increasing and she has to pay more at the pump, she likes the oil price increases, which result in fatter royalty checks! I cautioned her to spend and invest the windfall income wisely, especially since she is taking early retirement as principal at the local school....More
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