CROPS NEWS
Rents Resist Price Relief
Elizabeth Williams DTN Special Correspondent
Mon Aug 25, 2014 01:45 PM CDT

INDIANOLA, Iowa (DTN) -- Steady as she goes seems to be the general consensus concerning 2015 cash rents across the Midwest. "In the farm visits I've made the past two weeks, I'm finding farmers were a little more relaxed than I thought they would be," reported Randy Luze, land manager with People's Company in Cedar Falls, Iowa.

Preliminary 2015 crop budgets released by the University of Illinois earlier this summer forecast statewide operator losses of $44 per acre next season if corn growers paid average cash rents of $295 per acre, fertilizer costs dropped $50 per acre and yields stayed ...

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