September, 2009

Don’t Forget the State When it Comes to Estate Taxes

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September 24th, 2009

Currently, for people dying in 2009, you can have a taxable estate of up to $3.5 million and not pay any federal estate taxes.  For 2010, this amount is unlimited, but goes back to $1,000,000 in 2011 and beyond. Congress is working on changing these amounts and my guess is that the current $3.5 million amount […]

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Federal Reserve Bank Says Land Values are Stabilizing

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September 23rd, 2009

The Federal Reserve Bank of Kansas City issued their second quarter report on thier survey of agricultural credit condtions.  Some highlights of the report are: 1.  Farmland values seem to be stabilizing.  The value of farmland in the second quarter was basically unchanged from the second quarter of 2008.  Irrigated acreage was slightly higher due […]

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Six Steps to Good Marketing

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September 18th, 2009

First off, an update on why there have not been any posts for a few days.  I went on a four day backpacking trip into the North Cascade Mountains of Washington state.  This is some of the best scenery in the whole United States.  I went with a friend that was in my wedding many […]

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Say “Thank You” and “I’m Sorry”

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September 7th, 2009

I was reading  a good book by Mark Reiter called “What Got You Here Won’t Get You There” .  Mark is a consultant to many Fortune 500 companies on how to get their key employees to overcome thier worst personailty traits. In the book, Mark pinpoints 20 traits that almost all people in business and in life […]

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The Five Year Forecast – Is It Better or Worse?

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September 2nd, 2009

As the global economy turned south a year ago, the Food and Agricultural Policy Research Institute at the University of Missouri decided to revise their projections of food prices and production over the next five years.  This was done early in the year and many commodity prices have changed direction in the last several months.  FAPRI […]

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    When "bullish" corn reports lead to flat closes what is Mr. Market telling you. Be careful. 7 days ago

    2010 spring corn price was $3.99. Only four years ago. 2 weeks ago

    Two good days to lock in decent prices on corn and beans. Did you take advantage of the opportunity 2 weeks ago

    Very little change on corn intentions in key corn belt state. Almost all reductions in fringe states such as ND down 1 million acre 2 weeks ago

    North Dakota up 1 million Minnesota up 700k and Nebraska up 600k represent almost half of the 5 million increase in bean acres 2 weeks ago

    Just spoke for 45 minutes on new farm bill to a group of 100 Minnesota and Wisconsin Co-op board members. No one fell asleep. 3 weeks ago

    Hard to beat spring time in the Pacific Northwest. 3 weeks ago

    Kansas City can be windy this time of year. Just got done taping with a farm family. Check it out on #agday next Friday 4 weeks ago

    I think spring has sprung in our area. 1 month ago

    April hogs 116 limit up! Can they hit 120 1 month ago