Todd Gleason, Author at farmdoc

A Simple to Understand Variable Cash Rent Lease

September 23, 2022
Todd Gleason

In this interview, Gary Schnitkey outlines a simple variable cash rent agreement. It sets the minimum rent $100 below the USDA average, the maximum $!00 above that average, and adds a yield factor of 32% of the corn yield income or 43% of the soybean yield income to the minimum for central and northern Illinois. Those factors differ in southern Illinois.

Sep 6 | USDA Weekly Crop Progress State Reports

September 6, 2022
Todd Gleason

USDA reported on September 6, 2022 that 92% of the corn had reached the dough stage, 63% was dented, and that 15% had reached maturity. The condition of the corn crop was 54% good to excellent the same as the previous week.
94% of the soybeans have set pods, 10% are dropping leaves, and the condition of crop is 57% good to excellent the same as last week and last year.
Here are weekly crop progress updates from the states of Iowa,…

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