Thu Apr 23, 2015 11:06 AM CDT The bloom is coming off Corn Belt farm real estate, and that's just fine with buyers like 70-year-old Tony Kriegel of Brooklyn, Iowa. He views farmland as a long-term investment, something he hopes his 12 children will never sell.
Mon Apr 20, 2015 12:11 PM CDT The rally cry of "death to estate taxes" won a symbolic vote in the U.S. House of Representatives last week, but few tax practitioners are taking the move seriously. In fact, some caution that House passage of the Death Tax Repeal Act of 2015 will only give farmers and family business owners reason to procrastinate.
Tue Mar 31, 2015 03:31 PM CDT No subject seems to trouble families more than splitting a partnership apart. One brother I know agonized for years about ending a business relationship with his alcoholic sibling. He felt obligated to be his brother's keeper.
Fri Mar 27, 2015 01:25 PM CDT Just a few years ago, Ukraine boasted some of the world's most profitable grain farms. Institutional-scale agribusinesses--some approaching 1 million acres-- accounted for more than 25% of the Former Soviet Union's output.
Tue Mar 3, 2015 01:55 PM CST Succession planning is fraught with opportunities for family conflict – between siblings, between parents and their adult children, between those on the farm and their relatives living elsewhere.
Thu Feb 19, 2015 11:21 AM CST Not all farmland surveys are created equal. Unfortunately, the disparities between them could become more apparent now that land values seems poised to reverse some of the triple-digit gains they have accumulated since 2000, points out Mykel Taylor, a Kansas State University economist.
Fri Jan 23, 2015 11:07 AM CST Peak salaries used to attract young operators back to the farm since 2006 can encourage an over-inflated value of their worth to the business, warned DTN Farm Family Business Consultant Lance Woodbury in his most recent column (subscribers see the Farm Business page or Recent Features).
Wed Jan 21, 2015 04:56 PM CST More than 80% of farm wealth is tied up in real estate that might have been in the family for more than a century. No wonder farmers worry about President Obama's capital gains fixes.
Fri Jan 16, 2015 05:25 PM CST There are few milestone pieces of legislation that alter American life, but the 2010 Affordable Care Act is one of them. With mandates for individual coverage and no lifetime insurance limits, for example, it's brought more security to cancer patients like myself who would have wracked up $660,000 in medical expenses last year if I hadn't been insured.
Thu Jan 8, 2015 03:24 PM CST Don't expect much farmer economizing in production costs in 2015, but it's not for lack of trying. Yes they can knock a few bucks off here and there, but not the hundreds of dollars of gross income that have vanished per corn and soybean acre since 2012.
Mon Jan 5, 2015 10:39 AM CST Oil billionaire T. Boone Pickens likes to say his career forces him to be an optimist: Geologists drill too many dry holes, he explains. That attitude places him in good company with farmers.
Fri Jan 2, 2015 05:02 PM CST Since the 1930s, most farm program payments were triggered on price alone so were relatively easy to predict when commodity markets slumped. Beginning with the optional ACRE program in the 2008 farm bill, and now ARC-County in the 2014 law, forecasting depends on a combination of yields and prices.
Wed Dec 10, 2014 10:00 AM CST Reliance on trucks and inadequate ocean ports haunts Brazil's export reputation. Farmers in its biggest soybean state have waited more than a decade for a paved northern route to the Amazon.