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Showing posts from May, 2019

Comparing Corn and Soybean Cash Prices with Average Southern Minnesota Farmland Rental Rates

By David Bau, Extension Educator The average cash price for corn and soybeans each calendar year since 2003 is listed in Table 1 below. Columns 2 and 3 list the average cash prices each year in Worthington for corn and soybeans.  The Column 4 lists the average percent change in corn and soybean prices from the prior year.  Column 5 lists the average rent paid by 1200 farmers in Southern Minnesota who are part of Adult Farm Management Programs. Column 5 multiplies the price percent change by previous year’s actual average rents to determine the farmland rent each year. Column 7 starts with the average rent $127 in 2003 and then multiplies this by the corn and soybean price change (17.26%) to determine a rental rate of $148.93 for 2004. To determine the 2005 rental rate, start with the 2004 rate of $148.93 and multiply this by the price change (-25.28) and to determine an average rent of $111.28 for 2005. This process was repeated to determine rentals rate through 2018. Comparing Ca

Women in Ag Network's May Feature

By Megan Roberts and Sarah Schieck, Extension Educators Christy Kallevig Our May 2019 "Woman in Ag" feature is Christy Kallevig.  Christy wears many hats, including farmer, wife, mom, and Extension Educator.  This past February, Christy spoke at our 4th Annual Conference, leading a breakout session on stress management.  Below Christy shares more about herself and some good tips for keeping positive in the face of agricultural challenges. WAGN: Tell us about your career and farm. Christy: I have been involved in agriculture my entire life.  I grew up on a dairy, hog, and crop farm between Comfrey and Sleepy Eye.  I am the fifth generation to be involved in the farming operation that is now dairy, beef, and crops.  I was active in 4-H and the Brown County American Dairy Association to help educate others about the value of agriculture in our communities and the care that we give our animals and the land.  I went on to marry a farmer, Allan, and we have a grain and