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FARM FINANCES

Last winter's uncertainly on fertilizer inputs has subsided somewhat. Flexible or not, any lease is likely to reflect the strong prices for commodities and the demand for cropland.
LeRoy and Rosemary Helbling of Mandan, North Dakota, farm with International Harvester equipment that is mostly 30 to 40 years old, kept in pristine condition. They raise crops primarily as feed for their Hereford herd of cows.
Brian Bjork, 62, (pronounced “Byork”) a farmer from Forman, North Dakota, is selling his machinery piecemeal after making the decision in December 2021 to retire from farming. His reasoning: used equipment values are “hot” and unlikely to improve. He’ll enjoy retirement near family and will work for a young neighbor who will rent his land.

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