FARM FINANCES

News

North Dakota farmer in search of a combine to remind him of the 1980s, rising interest rates

"Some guys want the lost GTO or Camaro of their youth," said Paul Anderson. "I am looking for the 7720 I learned to run when I was a teenager."

A farmer spreads manure as one of northwest Iowa's first winter storms sets in.

Business

$30,000 an acre: Eye-popping farmland prices in northwest Iowa have an impact across the Midwest

A recent $30,000 per acre land sale in Sioux County, Iowa, sends signals into the land market in North Dakota, South Dakota, Minnesota and even as far away as Indiana.

January 23, 2023 05:30 AM

News

New Minnesota farmers can get help purchasing land

Qualified Minnesota farmers will receive dollar-for-dollar matching money to purchase farmland.

January 05, 2023 04:56 PM

Business

Free retreats help Minnesota farm families plan a transition to next generation

University of Minnesota Extension is offering three free family retreat weekends in 2023 to help guide the farm transition discussion.

December 14, 2022 05:30 AM

Latest Headlines

A John Deere tractor pulls an anhydrous tank in a field of corn.

News

Rents expected to follow increase in farmland value

Last winter's uncertainly on fertilizer inputs has subsided somewhat. Flexible or not, any lease is likely to reflect the strong prices for commodities and the demand for cropland.

November 15, 2022 05:30 AM

By Jeff Beach

A man in a faded red jacket stands in a shop, flanked by decades-old red International Harvester farm equipment.

Business

International Harvester enthusiast stays in the black by using decades-old red iron

LeRoy and Rosemary Helbling of Mandan, North Dakota, farm with International Harvester equipment that is mostly 30 to 40 years old, kept in pristine condition. They raise crops primarily as feed for their Hereford herd of cows.

November 14, 2022 05:30 AM

By Mikkel Pates

Farmer in his mid-60s poses in shirtsleeves in a heated farm equipment shop, flanked by a yellow Caterpillar Challenger tractor with tracks, and a new white, black and orange Bobcat skid-steer loader.

Business

High equipment prices push farmer to be the fourth and ‘last generation’ to run the Bjork farm

Brian Bjork, 62, (pronounced “Byork”) a farmer from Forman, North Dakota, is selling his machinery piecemeal after making the decision in December 2021 to retire from farming. His reasoning: used equipment values are “hot” and unlikely to improve. He’ll enjoy retirement near family and will work for a young neighbor who will rent his land.

March 21, 2022 05:31 AM

By Mikkel Pates

Below a hill in the foreground, harvested fields feature strips of bare soil between strips of stubble with some green weeds showing through.

Columns

'Only the farmer knows what's fair' and other bad arguments

"Tenants have the right for a crack at a reasonable profit on farming the land, while landlords have the right to expect a rental rate comparable to similar land in the area. Both sides are equally important, and both need to be reflected in the final agreement."

February 04, 2022 05:30 AM

By Jonathan Knutson