NEWS
Cash Rent Backlash
Todd Neeley DTN Staff Reporter
Fri Feb 22, 2013 03:41 PM 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
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
Cash Rent Reset - 1
Cash Rent Reset - 2
Iowa Land Gets a Bounce
Klinefelter: By the Numbers
The Great Water War
Midwest, Plains Farmland Values Lower
Something in the Water
WOTUS Document Dump
Nothing to Snort At
Cover Crops in Demand