An ag lender is concerned some landowners will base 2021 rental rates on what happened this past year.
Kent Thiesse with Minnstar Bank in southern Minnesota says 2020 will be prosperous for a lot of farmers because of strong yields, a fall rally, and an unusually high level of government farm program payments.
“If land rental rates go up significantly, it could really make budgeting, and especially if crop prices come back down, a bit more challenging for ’21.
