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Farmland rental rates not reflecting lower crop prices
2013-11-05 18:11:00| Corn & Soybean Digest
The very strong corn and soybean prices in the past couple of years, and the resulting increases in crop income per acre, have lead to significant increases in cash rental rates on farmland in recent years. Many crop producers are now concerned that the lower projected crop prices for 2014, and reduced estimates for gross income per acre, may not be high enough to justify the higher cash rental rates that are currently being charged, or are being proposed for the 2014. There has been no indication of any reduction in land rental rates in south-central Minnesota for 2014, as compared to current levels. Focus on Ag read more
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Category:Agriculture and Forestry