FARM BUSINESS NEWS
Cash Rent Backlash
Todd Neeley DTN Staff Reporter
Fri Feb 22, 2013 06:33 AM CST

OMAHA (DTN) -- Several hundred landowners could be breathing a sigh of relief. Chances are good the majority of the unexpired leases held by Decatur, Mich.-based Stamp Farms LLC will be assumed by the bulk bidder in a recent court-ordered auction, according to an attorney for Stamp Farms. That means back rents will be settled and landowners with above-market rents will escape standing in line with other non-secured creditors.

Michael S. McElwee, an attorney for Varnum LLP Attorneys at Law based in Grand Rapids, Mich., told DTN Wednesday the winning bidder, Dennis Boersen, owner of Boersen Farms Inc. based in ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Ag Interest Rate Snapshot
Woodbury: Farm Family Business
Minding Ag's Business
Minding Ag's Business
Farmland Outlook
Minding Ag's Business
Finance Outlook
Iowans to Favor ARC?
Woodbury: Farm Family Business
Minding Ag's Business