Yearly Archives: 2019

5 Reasons for Modernizing the Farm Leasing Industry

By Mike Downey, Land, Lease & Farm Succession Consultant It is estimated 70% of family farms will change hands over the next 15 years.  Many of these will transition to a generation that didn’t grow up on the farm or operate it themselves.  This will place a greater emphasis on landlord-tenant relationships in the future, […]

You’ve Asked & We’ve Listened | New Farm Advisory Program

By Mike Downey, Land, Lease & Farm Succession Consultant The most noticeable difference between the top 20% of high income producers and the bottom 20% of low income producers is not yields, not marketing success, but rather, how well they manage the costs in their farm operation.  This is according to a study of over […]

Retired Farmer Writes An Open Letter to American Agriculture

By Glen Moeller, Retired Farmer & Iowa Landowner Recently, I came across a letter I wrote in April 1997 to the chairman of the Iowa Corn Growers recommending that we as an Association should support the expansion of the hog industry in Iowa.  The consolidation that has occurred since 1997 has given the livestock industry […]

“Land Rich Dirt Poor” | What does it mean to be Rich?

By Mike Downey, Land, Lease & Farm Succession Consultant In the article, “Inheritance is a gift, not a right”, we quoted a retiring farmer saying “We are land rich but dirt poor.”  This was his assessment after review of he and his wife’s estate after 50 years of farming and building a respectable land base. […]

The Lost Art of Using a Land Contract for Buying & Selling Farmland

By Mike Downey, Land, Lease & Farm Succession Consultant A common question we receive from young and beginning farmers is how can they position themselves for renting and purchasing land.  Often times they are focused on the unthinkable task of bidding against their neighbors the next time a farm comes up for sale or rent […]