After the USDA’s August WASDE report emerged with record corn and soybean yield volumes for the 2014 harvest, farmers braced themselves for the bearish trend in corn and soybeans prices to continue. The market didn’t disappoint; corn and soybean prices have continued their downward trend. While farmers prepare to head into their fields for harvest […]
Lifestyle Real Estate Website Breaks Web Traffic Records September 2014 – (KANSAS CITY, Mo.) – More than 90 percent of real estate buyers start their search for property online1. In July, millions of these consumers searched the Internet looking for lifestyle real estate, which includes second and vacation homes, retirement communities, ranches, farms, horse, mountain, […]
Farmers and landowners generally focus on the land beneath their feet. However, with the increasing amount of wind energy development across the Midwest, many are starting to look at the wind above their heads. There are several wind energy farms across Nebraska and they continue to expand in may rural areas. While increasing alternative energy […]
One of the more difficult aspects of owning farm or ranchland deals with how that land will be transferred to the next generation. In particular, identifying the correct process by which to pass on that land to children is one of the most important parts of estate planning. The good news is that successfully gifting […]
At some point during any farmer or landowner’s lifetime, they will likely be involved with the sale and acquisition of land. Deferring the capital gains tax on the sale of land to a later date by purchasing more land—in what is known as a 1031 exchange—is a common practice that has been employed for many […]
Over the last several months, meteorologists have been duking it out over the chances of an El Nino occurring, and the ways this could affect Nebraska harvest weather, and the winter and spring to follow. An El Nino occurs when the Pacific Ocean surface waters warm up to above normal temperatures—usually about one degree Celsius […]
As we head into the final stretch of August, farmers are already looking ahead to harvest. While they focus on putting pivots to rest in the near future and begin pulling out the harvest equipment, it’s a good idea for farmers and landowners in rental agreements to remember that September 1st marks the date by […]
As usual, farmers and traders alike braced for the USDA’s latest World Agriculture Supply and Demand Estimate (WASDE) numbers. Market corrections based on the monthly report’s numbers vary in intensity based upon how well they match up with pre-report, private estimates. While many question the impact of the USDA’s numbers for the longer term, the […]
Last week’s hot and dry conditions had Nebraska farmers out in force irrigating their thirsty crops. According to the USDA’s National Agriculture Statistics Service (NASS), for the week ending July 27, above normal temperatures and low precipitation across the state had the irrigation motors roaring. While the dry conditions helped hay harvesting and aided the […]
The relationship between a landowner and a tenant—the farmer who farms the land—is similar to any relationship. There can be ups and downs, but hopefully, with good communication between the two parties, the business relationship flourishes and each partner feels that their goals are being met. At a time with more volatility in both grain […]
