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December 12, 2013

Mediated ag debts, and amounts owed, continue decline

The number of lenders sending notices under Minnesota's Farmer-Lender Mediation program dropped by nearly half in the fiscal year ending Sept. 30, 2013. During the same time, the overall amount of debt taken to mediation decreased by more than half from the previous year.

December 11, 2013

What are your options in the current land rent market?

In 2014, a share lease or other form of flexible lease may be needed to help both landowners and tenants survive the adjustment period to new market conditions. Land rental costs have not fallen to the same extent as the recent drop in crop prices. Projections of revenue and expenses for 2014 do not bode well for positive net returns, especially for a tenant. Moreover, crop price projections do not indicate a foreseeable return to the levels of recent years.
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