FARM BUSINESS NEWS
Senior Partners - 9
Elizabeth Williams DTN Special Correspondent
Mon Oct 14, 2013 11:44 AM CDT

AMES, Iowa (DTN) -- With land prices knocking on all-time highs, off-farm heirs are looking at ways to cash in their inheritance. And these minority shareholders have gained significant bargaining power, at least in Iowa.

In the case of Baur v. Baur Farms Inc., the Iowa Supreme Court recently sided with minority farm corporate shareholders. Its ruling would force the on-farm majority shareholder to buy out the off-farm heir at fair value.

In that case, the off-farm heir complained he was nearing 80 years old and before he died, he wanted to cash in on the family farm he inherited ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN Distillers Grain Weekly Update
Ag Sees Clean Water Act Gap
Egg Firm Execs Charged
Waterways Bill Set for Final Votes