ORAL LEASE?
If you are on an ORAL lease and thinking about making a tenant change or are thinking about selling your property this fall or next spring, you are required to give notice to your tenant in writing by September 1st of this year. In Nebraska, the oral lease period runs from March 1st to February 28th of the next year. Per Nebraska statute, you must give 6 months’ notice to your farm tenant to terminate a lease (September 1st); otherwise, the tenant has the right to farm the next cropping season.
Even if there is a possibility that you want to sell your property or make a change in tenant on an oral lease, it is a safe practice to give notice in writing. This does not mean that your tenant can’t farm your property next year. It may be a good point to switch to a written lease at that point if you don’t decide to change tenants or sell.
FALL AUCTIONS
CROP CONDITIONS
by Ron Sabatka
The WASDE report was surprising this month. See a summary below. Disease pressure continues with more white mold observations coming in each week. Southern rust may force consideration of a second fungicide application this year. More on this below.
WASDE summary:
The August WASDE report raised 2025/26 U.S. corn production by 1.0 billion bushels this month through an increase in corn acreage and corn yield. USDA increased 2025/26 corn acreage to 97.3 million acres based on USDA/FSA data, an increase of 2.1 million acres relative to USDA’s June Acreage report. U.S. corn yields for 2025/26 were increased to 188.8 bushels, an increase of 7.8 bushels from their July estimate and outside of the upper end of pre-report estimates.
The increase in U.S. corn production resulted in USDA lowering the 2025/26 U.S. corn price to $3.90 per bushel.
The August WASDE report decreased 2025/26 soybean area to 80.9 million acres, a decrease of 2.5 million acres relative to the June Acreage report. No change in price per bushel at $10.10.
Disease reports:
The current Pioneer Disease Tracker shows further spread and intensity vs. last week. I will add last year’s AUG report if you would like to compare. Generally, Tar Spot is heavier this year, and Southern rust was just starting to pop northward. Southern rust became much more prevalent in late AUG/SEP. Most fields still have at least 30-40 days before the black layer. I hate to say it, but a second fungicide application may be a consideration this year. Southern rust is being found primarily below the ear leaf at this time, but will spread upward with new spores being produced. It will be a good idea to watch fields for the next couple of weeks to make sure the disease is not progressing at or above the ear leaf.
https://corteva.showpad.com/share/OQYznmH4LhhsmAuqwoqSt
2024 AUG Pioneer Disease Tracker: https://corteva.showpad.com/share/OeTxjFq310MbvAaXVMPQc
Current Tar Spot by county:
Soybean aphids are being reported more broadly than in the past few years. We have a really good product called Ridgeback® Insecticide with two modes of action.
Features: Two MOA with Bifenthrin (grp 3A) + Sulfoxaflor (grp 4C) for more effective aphid control, including those aphids’ grp 3A resistant.
States with confirmed resistance to grp 3A: IA, MN, ND, SD
https://corteva.showpad.com/share/Anl174tbG42isdXBKewQB
FOR SALE:
JOHNSON COUNTY
Dryland Cropland/Pasture/Recreation in Johnson County, Nebraska
Nice combination dryland cropland, pasture, and recreational opportunities with Class II – IV soils. Tiling and terraces in place to help erosion control.
Legal Description: S2S2 & N2N2 in Section 1-6N-9E & One (1) Acre in the SE4 of Section 2-6N-9E of the 6th P.M. in Johnson County, Nebraska. (Parcel ID #490002234 & 490002129)
Total Acres: 319.12 +/-
FSA Data: 209.01 +/- Certified Cropland Acres (97.71 +/- on North Parcel; 111.30 +/- on South Parcel) (PLC Yield – Corn 93 bu./ac Soybeans 27 bu./ac)
2024 Real Estate Taxes: $7,358.20
Property Type: Dryland Cropland / Pasture/ Recreational
Location: 3 Miles North of Sterling, Nebraska
Mineral Rights: All mineral interest the seller owns, if any, will be conveyed to the buyer(s).
Possession: Negotiable. Subject to a current 60/40 lease agreement. Buyer will take landlord position in lease for 2025 crop year.
The property is being sold in AS-IS condition.
HIGH PLAINS DROUGHT MONITOR
IN YOUR STATE
Live in the Midwest? We serve Nebraska, Iowa, and Kansas! This month, we are conducting appraisals in the following counties:
Nebraska: Pawnee, Cass, Burt, Nemaha, Cuming, Otoe, Gosper, Hamilton
Kansas: Republic
Iowa: Adair
TESTIMONIAL
This is a simple question with a complicated answer. What kind of auction format should I use? Are the market conditions right for an auction? Who should I have conducted the auction? These are all questions raised when considering selling your land via auction. At NextAg we guide you through this decision process and custom tailor our approach to you and your property’s needs.
