• Lon Tonneson

    Last Price Update Before Planting

    Inside Dakota Ag

     by Lon Tonneson
     on April 4, 2014

    If you’re like me, you went to a lot of meetings this winter and listened to someone talk about the outlook for corn, soybean and wheat prices. Well, it’s probably old news now and there’s no time to drive to another meeting to get an update before planting begins. But you can get an update from some experts – without leaving the farm or ranch. Join the Farm Futures® marketing team of Bryce Knorr and Bob Burgdorfer Monday April 7 at 7 p.m. Central Time for a…

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  • Lon Tonneson

    Behind The Scenes At Ag PhD

    Inside Dakota Ag

     by Lon Tonneson
     on March 27, 2014

    I enjoyed watching Brian and Darren Hefty doing their Ag PhD radio show for XM Sirius Radio live at the recent Western Corn Belt Precision Ag Conference. I grew up across the road from the Heftys near Baltic, S.D. I didn’t know Brian or Darren, though. I am 15-20 years older than they are. They were kids when I worked for their Dad, Ron Hefty, one summer. Ron started Hefty Farm Supply in 1969. With the help of his all of his children, it grew into the major regional seed, chemical…

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  • Lon Tonneson

    A Fresh Look At Farm Profits

    Inside Dakota Ag

     by Lon Tonneson
     on February 6, 2014

    Try rearranging the formula for calculating profit and see how it affects your planning for 2014. The profit formula is: Income – Expenses = Profit. Joshua Dukart, a technician with Burleigh County, N.D., Soil Conservation District and a certified holistic management educator, says to rearrange the formula this way: Income - Profit = Expenses Looking at your farm or ranch through this formula gives you control of the amount of profit you desire. It also also gives you a ceiling for…

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  • Lon Tonneson

    5 Tips To Help You Keep Your New Year's Resolutions

    Inside Dakota Ag

     by Lon Tonneson
     on January 3, 2014

     I’ve heard five things recently about New Year’s resolutions that might make them easier to keep: Don’t make so many. Bob Mulligan, senior consultant with Dairy Strategies, says to just make one. Make the resolution tiny – real tiny, advises Oliver Burkeman, a columnist for The Guardian and the author of “The Antidote: Happiness for People Who Can’t Stand Positive Thinking.” Like, resolve to exercise for 15 seconds. Or commit to having…

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  • Lon Tonneson

    Hot Topics At The Great Plains Land Expo

    Inside Dakota Ag

     by Lon Tonneson
     on November 22, 2013

    The three breakout sessions at the recent Great Plains Land Expo in Fargo, N.D., that appeared to attract the most people were about land values, land rents and mineral rights. Lynn Paulson, Bell State Bank, Fargo N.D., handled topic “Farmland Values From A Lender’s Perspective.” He said he didn’t think there was a land bubble. And he didn’t that bubble people fear is out there was about to burst, despite the fact that the local cash corn price in some parts of…

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  • Lon Tonneson

    Investment Opportunity

    Inside Dakota Ag

     by Lon Tonneson
     on September 28, 2013

    Northern Plains Nitrogen is now offering farmers and others the opportunity to invest directly in the proposed $1.7 billion fertilizer manufacturing plant to be located in Grand Forks, N.D. The plant, which organizers hope will begin operation in 2017, will make fertilizer out of natural gas. “We are very excited to announce that farmers, and others have the opportunity to invest directly in this project,” says Darin Anderson, chairman of Northern Plains Nitrogen board of…

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  • Lon Tonneson

    $3.25 Corn? Soybeans Under $10?

    Inside Dakota Ag

     by Lon Tonneson
     on September 9, 2013

    Corn at $3.25 per bushel. Soybeans under $10 per bushel. Land prices down 5% to 35%. Those figures from Dan Basse, an analyst with AgResource Co., Chicago, Ill., got my attention. So did his phrases like “big changes are rocking agriculture” and “a new kind of farm crisis like back in the mid-1980s.” He did have some good news, too. He said livestock producers will soon have “their turn” at good times. And gas prices are going to fall…

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  • Lon Tonneson

    Beginning Farmers Find Land

    Inside Dakota Ag

     by Lon Tonneson
     on April 26, 2013

    How do you find land when you are a beginning farmer? John Overboe, Kindred, N.D., is looking everywhere. He is talking to relatives, neighbors and friends; running ads in newspapers; and even visiting courthouses to track titles to land. Overboe has to hustle. He has to compete with large, established farms in the southern Red River Valley for land and he has to deal with urban sprawl from Fargo, N.D. Overboe has turned one those challenges into an opportunity. He’s met…

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  • Lon Tonneson

    Yield, Not Price, Is King

    Inside Dakota Ag

     by Lon Tonneson
     on April 22, 2013

    You have probably been told more times than you care to remember that you need be a good grain and livestock marketer to survive in agriculture today. It’s probably true, but it may not be as important as being a good producer. Jay Olson, a North Dakota Farm Business management instructor at Devils Lake, N.D., wrote an interesting column about the topic in the April Dakota Farmer magazine. He says that his analysis shows that in recent years yield, not price, has driven net…

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  • Lon Tonneson

    Farmers You Should Meet: Travis and Renae Gebhart

    Inside Dakota Ag

     by Lon Tonneson
     on February 15, 2013

    Being open to change has paid off for Travis and Renae Gebhart since they returned to the family ranch. The South Dakota State University graduates returned to the Gebhart family ranch near Meadow, S.D., in 2002. They ranch with Travis’ parents, Mike and Jane Gebhart, and Travis’ younger brother, Dalton, and his wife, Sara. The three families each own their own land and cattle, but all work together. The ranch used to be primarily a commercial cow-calf operation with some…

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