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
  • 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
Minding Ag's Business
Minding Ag's Business
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
Minding Ag's Business
Woodbury: Farm Family Business
View From the Cab