MARSHALL — While farmers struggle with dropping commodity prices, they are also facing agriculture land rent rates that are not coming down as quite as quickly.
MARSHALL — While farmers struggle with dropping commodity prices, they are also facing agriculture land rent rates that are not coming down as quite as quickly.
Southern Minnesota agriculture experts agree that many factors affect the rental rates of land, such as property taxes, input costs, yields, prices and gross income. However, there seems to be a relatively close tie to corn and soybean prices and southern Minnesota farm land rental rates.