FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Mon Jan 14, 2013 10:25 AM CST

"Help, I'm about to set a county land record," amiddle-aged Iowa farmer called to confess late last year. The heirs to a farm estate next door to his home farm had turned down his private offer of $13,500 per acre and were putting the parcel up for public auction. He later spent over $15,000/acre outbidding other aggressive neighbors, but he justified it since he paid cash out of this year's profits, it abutted his land and it hadn't exchanged hands in more than a generation.

Emotions can override economics at auctions, sometime for good reason. But rational investors can brace ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Herd Booster In 1935, in an effort to help ranchers hit hard by the Dust Bowl, the U.S. government bought 547 ...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Taxlink by Andy Biebl What farmers consider a hedge may be speculation in the eyes of IRS -- and that significantly alt...
  • Woodbury: Family Business Matters Consider whether you want your legacy to be measured by the size of your bank account, your inves...
  • Ask the Vet Some tips on fly control.
Related News Stories
Deere to Lay Off 460 on Weak Demand
Farming on the Mother Road - 7
Ag Interest Rate Snapshot
Farming on the Mother Road - 6
View From the Cab
Woodbury: Farm Family Business
View From the Cab