"Where Fillmore County News Comes First"
Online Edition
Thursday, December 18th, 2014
Volume ∞ Issue ∞
 
<< | < | 40 | 41 | 42 | 43 | 44 | > | >>

Extension Notes


Fri, Mar 25th, 2011
Posted in Agriculture



Earlier this winter I completed the Houston County Land Rent Survey, and now have results from the Fillmore County Land Rent Survey. In those two surveys not one landlord or renter projected rents to decline from 2010 to 2011. So is this a land price bubble and a land rent bubble? Only time will tell!

Another year with a great response to the Fillmore County Land Rent Survey, I would like to thank all those who responded. In particular, I would like to thank Tammy Martin, FSA director, for doing the mailing with the FSA newsletter. I also need to thank Kristi Ruesink; the Excel spreadsheet she produced makes it easier to tabulate the results.

The response included 146 parcels which totaled 14,375 tillable acres. In the survey, I ask for both the 2010 actual rent paid and the 2011 projected price per acre. To jump to the bottom line, the average rent reported paid in 2010 was $150.62 per tillable acre. Rent for 2011 is projected at $168.28 per acre. We also had a huge range, from $50 - $400 per acre.

I have come up with a number of ways to account for the large range in land rents. As they say in the real estate sales business, "Location, location, location!" In land rental I might give it only two locations rather than three, but it is a factor. Other factors I have come up with include: parcel size, soil type or quality, fertility, records or proven yields, and then the intangibles.

The last few years I have sorted by acreage size and have seen similar results. Parcels 20 acres or less were projected for 2011 at $141.74 per acre. Those from 21-up to 80 acres averaged $144.19 per acre. This year that is about a $27 discount for small parcels. No one is going to haul machinery from near Cannon Falls to rent a 20-acre parcel.

Soil type or quality- here I hope I quote my neighbor Paul Sikkink correctly. He felt his Uncle's farm always would yield twenty bushels of corn more per acre even if everything was done exactly the same on both farms. That is soil type.

Fertility-has there been manure applied as fertilizer for the last 10, 20, 30, 40 years on that parcel of ground? Has the pH been maintained with lime applications?

Records of past yields or proven yields- earlier this winter I shared some interesting studies out of Purdue on how low-yielding corn ground could lose money, while high yielding ground could justify higher rents and still make money.

The intangibles: "Is this a landlor .....
[Read the Rest]



64

Farm service agency news

Fri, Mar 25th, 2011
Posted in Agriculture



Enrollment for the 2011 Direct and Counter-cyclical Program (DCP) has begun and will continue through June 1, 2011.

USDA computes DCP Program payments using base acres and payment yields established for each farm. Eligible producers ..... 
[Read the Rest]

Dairy princess to be crowned Saturday in Preston

Fri, Mar 25th, 2011
Posted in Agriculture

The crowning of the new Fillmore County Dairy Princess will be held Saturday, April 2nd, at St. Columban's Catholic Church in Preston at 1:00pm. The public is welcome to attend.

The princess candidates are Alyssa Vrieze from Spring Valley, K ..... 
[Read the Rest]

Grazing cover crops

Fri, Mar 18th, 2011
Posted in Agriculture

Extension Notes

A Grazing Cover Crops Field Day will be held Saturday, April 2nd, from 1:00 ~ 3:00 pm at the Mike (Tom) Boelter Farm, 29254 181st Avenue, Wykoff, MN. There is no fee and no pre-registration needed for this event.

Direc ..... 
[Read the Rest]

Consider pros, cons, timing of ground rolling in soybean production

Fri, Mar 4th, 2011
Posted in Agriculture



The idea of using land rollers is somewhat novel to row-crop farmers, but alfalfa producers have been rolling fields for decades. Ground roller equipment sales have increased substantially in the past five years, with soybean producers as a ..... 
[Read the Rest]

Extension Notes

Fri, Feb 25th, 2011
Posted in Agriculture



Caledonia Area Community Education and Houston County Master Gardeners would like to invite all current or interested gardeners to attend the first ever "Growing Green" Gardening Workshop on April 2, 2011. The day is centered on growing and ..... 
[Read the Rest]

Getting efficient with nitrogen fertilizer

Fri, Feb 18th, 2011
Posted in Agriculture

Extension Notes

By Jerrold Tesmer, Extension Educator for Fillmore/Houston counties

Fertilizer cost has gone from the fifth highest expense to the highest expense in the last five years! Based on the Wisconsin "PEPS" Program for corn s ..... 
[Read the Rest]

Winslow attends promotion and education conference in Duluth

Sat, Feb 12th, 2011
Posted in Agriculture

Jean Winslow, of Fillmore County Farm Bureau, joined nearly 100 Farm Bureau members from Minnesota at the Minnesota Farm Bureau Federation (MFBF) Promotion and Education (P&E) Conference January 28-29 at the Holiday Inn in Duluth, Minnesota.

..... 
[Read the Rest]

Feedlot Korner Manure and air quality events

Sat, Feb 12th, 2011
Posted in Agriculture

Value Of Manure Workshop

Wednesday, March 2, 2011

1:00 pm-4:00 pm

Rushford Village Hall

Rushford, MN

This "Value of Manure" education workshop is a three-hour event where crop and livestock producers will learn th ..... 
[Read the Rest]
<< | < | 40 | 41 | 42 | 43 | 44 | > | >>