Corn and soybean prices are at multi-year highs and a farm business management instructor expects rental rates to follow suit.

Pam Uhlenkamp is with South Central College in Mankato, Minnesota.

“The next thing that I will be hearing is land rents are probably going to start heading north, which some of them did this (past) spring. But I think we’re going to see that come this fall.”

She tells Brownfield the runup in commodity prices also has tax implications.

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