Newsletter
2027 Crop Year and Cash Rent Outlook
The September 1 lease termination deadline has passed for farms in Iowa, Nebraska, and South Dakota. For Minnesota leases, written and oral termination notice is
September 23, 2026
The September 1 lease termination deadline has passed for farms in Iowa, Nebraska, and South Dakota. For Minnesota leases, written and oral termination notice is
Total sales volume across our core Midwest markets was low in the second quarter, which is typical while operators are in the field. Summit assessed
Cash prices across the Corn Belt range from $4.75 to $5.00 per bushel for corn and $12.50 to $12.75 per bushel for soybeans. Smaller corn
The Pro Farmer Midwest Crop Tour ran August 17 to 20, with more than 100 scouts sampling over 3,000 fields across seven Corn Belt states.
After a favorable June, hot and dry conditions took hold across much of the Corn Belt in late July, stressing corn during pollination and soybeans
Harvest season means it’s time to start thinking about 2027 farm lease terms, especially with the September 1 termination deadline fast approaching in Iowa, Nebraska,
Justin joined the Summit team in 2022. His primary responsibility is professional farm management. Justin has professionally managed farms since 2016 and holds an Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers (ASFMRA). Prior to joining Summit, Justin worked at Hertz Farm Management managing the Mankato, Minnesota office. Justin started managing farms out of the Cedar Falls, Iowa Hertz location, before his transition to Mankato. His management experience spans across Iowa, Minnesota, Nebraska, South Dakota, and North Dakota. Justin graduated from Iowa State University in May of 2016 with a B.S. in Agricultural Business and International Agriculture and a minor in Entrepreneurial Studies. Justin grew up in North Central Iowa near Buckeye.
Justin is a Licensed Real Estate Broker in IA, MN, NE and SD.