With land prices hitting record levels, the ability to buy up Minnesota farmland is increasingly difficult for most beginning farmers. But some still try (and succeed).
Minnesota farmers at the annual Farmfest say they have been paying attention to deals in North Dakota, including the purchase of ag land by a Bill Gates-backed trust and the pending development of a corn mill by Chinese investors.
The late Jerry Anderson bequeathed money and land in his estate to the Calvary Lutheran Church of Willmar. The church rented the land out for several years, but in December put it for auction and watched as the 416 acres sold for $4.5 million.
Drought s role in markets highlighted in ag conference inforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inforum.com Daily Mail and Mail on Sunday newspapers.