Fri Sep 26, 2014 12:29 PM CDT News this week that John Deere had appointed Citigroup to sell its crop insurance unit opens the door to more jostling among the nation's 19 multi-peril insurance providers. The company's chief financial officer told an investor conference in Brazil that proceeds from the potential sale would be used to repurchase Deere stock, J.P.
Tue Sep 16, 2014 11:05 AM CDT We've been busy answering questions from the more than 1,000 people registered for our August webinar on "ARC or PLC: What's the Right Farm Bill Option for You?" You can still listen and download power points from a free one-hour rebroadcast with economists Gary Schnitkey of the University of Illinois and Carl Zulauf of Ohio State University at http://tinyurl.com/qz7aq6d.
Fri Aug 22, 2014 03:34 PM CDT More than 700 attendees registered for DTN's free webinar yesterday, "ARC or PLC Choices: Which Farm Bill Contingency Plan is Right for You?" with economists Carl Zulauf of Ohio State University and Gary Schnitkey of the University of Illinois.
Mon Aug 4, 2014 12:44 PM CDT Do you or your landowners need more coaching on your one-time 2014-2018 farm bill decisions? If farmers I interviewed last week in Indiana are typical, many growers spent the last decade wishing farm programs would go away.
Thu Jul 24, 2014 11:46 AM CDT It's those cut-throat, top-of-market leases bid up at cash corn's $6.89 season-average peak in 2012 that stand to see the biggest adjustments. Average rents drop much more slowly.
Wed Jul 23, 2014 10:59 AM CDT Farmers stand to lose money on cash rented land in 2014 and 2015, if average lease rates don't adjust to new economics. On the other hand, landowners may be slow to budge.
Wed Jul 23, 2014 10:58 AM CDT Farm accidents can strike at any age. Good farm advisers and documentation of what couples own, farm lease terms and business roles after a partner's death can ease the grief.
Mon Jul 21, 2014 04:40 PM CDT Dan, an Iowa farmer, summarized the problem in a 16-word Twitter post last month: "$4 cash corn. Same as when I started in 2010, but cash rents are $100 higher." He could have added: Something's gotta give.
DTN's national average cash price index--a collection of cash bid data from almost 3,000 locations across the U.S.--slid to $3.52 last Friday.
Tue Jun 17, 2014 02:32 PM CDT Conservation Reserve Payment checks have been called "rent" for nearly 30 years, treated much like similar payments during the 1950s Soil Bank and free from self-employment taxes. But unless a 2013 Tax Court case is overturned by the 8th Circuit Court of Appeals later this year, non-farmers could owe whopping new 15.3% self-employment income tax on their contract proceeds.