Land Stewardship Project

Land Stewardship Project
  • About Us
    • Our Mission
    • Long Range Plan
    • Staff Directory
    • Board of Directors
      • LSP Board Committees
    • LSP Steering Committees & Working Groups
    • Contact Us
    • Past LSP Projects
    • Employment & Volunteer Opportunities
    • LSP Publications
    • Financial Statements
  • The Latest
    • Community Care
    • Songs for the Soil
    • CSA Farm Directory
    • Upcoming Events
    • News
      • News Releases
      • Media Contacts
      • LSP in the News
    • Blog
    • Podcast
    • Land Stewardship Letter
    • LIVE-WIRE Sign-up
    • Myth Busters
    • Fact Sheets
    • Farm Crisis Resources
  • For Farmers & Landowners
    • Farmland Clearinghouse
    • New Farmers
      • Farm Beginnings Class
      • Journeyperson Course
      • Farm Dreams
      • Accessing Farmland
      • Farmland Clearinghouse
      • Beginning/Retiring Farmer Tax Credit
      • Beginning Farmer Profiles
      • Fresh Voices Podcast Series
    • Retiring Farmers & Landowners
      • Farmland Clearinghouse
      • Farm Transition Course 2026
      • Conservation Leases
      • Beginning/Retiring Farmer Tax Credit
      • Land Transition Tools
      • Transition Stories
    • Soil Health
      • Cover Crops
      • Grazing
      • No-till
      • Microbiology
      • Kernza
      • Soil Builders’ Network
      • Soil Builders’ E-Letters
      • Soil Health Steering Committee Members
      • Ear Dirt Soil Health Podcast Series
    • Cropping Systems Calculator
    • Conservation Leases
  • Creating Change
    • Community-Based Food Systems
      • Ear Bites Community-Based Food Podcast Series
    • Policy Campaigns
      • Soil Health & Climate Change
      • Healthcare
      • Factory Farms
        • Anti-Competitiveness & Price Gouging
      • Federal Policy
        • A Farm Bill For Us
      • State Policy
        • MN Farm, Food & Climate Funding
      • Developing Leadership
    • Justice & Stewardship
    • Organizational Stewardship
  • Get Involved
    • Your Membership Matters
    • Take Action!
    • Upcoming Events
    • Land Stewardship Action Fund
    • Connect with LSP
      • Stay Connected
      • Join, Donate, or Renew Today!
      • Shop
      • Employment & Volunteer Opportunities
      • Legacy Giving
    • Network with LSP Members
      • Farmland Clearinghouse
      • Soil Health
    • Farmland Clearinghouse
  • Join, Donate, or Renew Today!
  • Stay Connected
  • Contact Us
  • Shop
Search
More...

Economic Sustainability: Financial Field-Talk

3rd in a Series on LSP's Soil Health Hubs

By Brian DeVore
October 14, 2025

Share

  • Facebook
  • Pinterest
  • email

On a misty June morning in northeastern Iowa, Nikki Meyer led half-a-dozen farmers down a field road through a thick stand of oaks and other hardwoods. The going was tough — the road dropped 400 vertical feet in less than half-a-mile, and a half-inch rain earlier had made the footing greasy with mud. Sensing that this was turning into a less-than-pleasant stroll, Meyer reassured the hikers that the trip would be worth it.

“I promise it’s beautiful down here,” she said at one point, gesturing further down the road.

During an LSP Soil Health Hub meeting this summer, Nikki Meyer led a discussion about the financial ramifications of buying farmland (pictured) she currently rents for grazing. “I can’t cash flow it, but never say never,” she said.

 

She delivered on that promise — the journey ended in a grass-covered valley split up the middle by a small stream and bordered by more trees. A yellow warbler, a song sparrow, and blue-gray gnatcatcher were singing. As if on cue, an eagle lifted itself from a massive nest on one side of the valley and soared overhead. But Meyer didn’t bring these beef, sheep, dairy, and crop farmers down to this piece of paradise just to admire the view. She’s currently renting the pasture in this valley as part of her adaptive rotational grazing enterprise, which supports a 50-head cow-calf herd. The land is adjacent to the roughly 200 acres she and her husband, Cody, own and raise corn and soybeans on, along with the cattle. She’d like to buy this parcel or at least part of it — it’s 150 acres in total — but the owner is asking over $8,000 per acre for it, and she’s having difficulty figuring out how to justify such an investment.

“I can’t cash flow it, but never say never,” Meyer, who is 32, said to the gathered farmers. “So how do I own this?”

That question sparked an impromptu, and energetic, discussion about various ways to make purchasing a piece of land like this pencil out financially. This kind of in-the-field give-and-take was exactly one of the reasons the Land Stewardship Project facilitated a series of Soil Health Hub meetings on farms across southeastern Minnesota and northeastern Iowa this past summer. These were not open-to-the-public field days. Rather, these were opportunities for livestock and crop producers to take part in the kind of peer-to-peer learning required to step out of the mainstream and build a farming system based on living, biologically rich soil. These meetings involved building a level of trust so that folks are comfortable sharing failures and doubts, as well as successes.

Hence Nikki’s willingness to share her reservations about what role this rented land should play in the future of her family’s farming enterprise.

For soil health practices to be truly sustainable, they must be economically viable, environmentally beneficial, and socially supported. As the first blog in this series illustrates, LSP’s Soil Health Hubs attempt to provide a way for farmers to fortify these three “legs of the stool.” The second blog in this series described how without the social component of the stool solidly in place, the other two legs have little chance of remaining balanced long-term.

But farming is a business and in order for it to be viable, it has to cash flow. That’s why the vast majority of the discussion that took place during this summer’s Soil Health Hub gatherings focused on the economic leg of the stool. This third blog in the series provides a glimpse at how sometimes one needs to step away from the spreadsheets and number crunching and glean a little perspective from other farmers, literally while standing in the field.

Talking Numbers

In the case of Nikki Meyers, the farmers gathered for her Hub meeting responded to her question by throwing out various ideas for making purchased land cash flow. Nikki said that like many farmers this year, they are finding corn and soybeans to be a financial “bust” — it’s costing them more to raise the crops than they receive at the elevator. And she doesn’t like how annual row crops have the potential to leave this rugged Driftless Region land environmentally vulnerable.

“I don’t like erosion,” Nikki said more than once during the meeting.

The pros and cons of leasing land out for hunting, logging some of the timber, and perhaps selling off the cow herd and leasing the pastures out for custom grazing were discussed. Of course, continuing to rent the land is also an option. During a July Hub meeting Eric Klaes hosted in northern Iowa’s Floyd County, the beef producer described the good, long-term relationship he has with a landowner who is thrilled to see cattle grazing on land that was once a monoculture of corn and soybeans along the Wapsipinicon River.

Inevitably, the discussion at all of the Hub meetings LSP facilitated this summer circled back to how to make soil-building practices pay off in the marketplace. Meyer currently raises calves for the conventional feeder cattle market. Due to shrunken herds, prices farmers and ranchers are receiving for their animals have reached record highs recently. However, raising beef cattle on grass takes a significant amount of time and managerial skill, and farmers pursuing this method of production often feel the conventional marketplace doesn’t compensate them fairly for the extra effort. And livestock markets can be infamously fickle and cyclical, especially given the packer consolidation that’s taken over the industry in recent decades.

In fact, one component of LSP’s Soil Health Hub meetings was for participants to go around and share “thorns” and “buds” in their lives at the moment. Invariably, marketing was a thorn in the side of the majority of the participating farmers.

“The missing link we all desire is just being paid on quality,” said northeastern Iowa livestock producer Ross Kurash during a Hub meeting.

One strategy is to capture value by direct-marketing grass-fed livestock to consumers who value regeneratively produced animal products. In fact, some farmers involved in the Hubs are doing that with good success. During a Hub meeting they hosted on their Winona County, Minn., farm in August, crop and cattle producers Mike and Jennifer Rupprecht talked about the directly-marketed beef business they’ve built up via word-of-mouth over the past few decades. Mike conceded that it’s tempting to sell into the red-hot conventional system these days, but it’s inevitable that it will eventually cycle downward and they don’t want to abandon their buyers for short term gain when those eaters have provided so much long-term loyalty.

“Our customers have been so good to us,” he said while standing next to a paddock full of grazing Red Devon cattle.

Nikki, who runs a seed business, said she sees direct-marketing as another fulltime endeavor, something she’s not up for right now. “Is it worth it, guys?” she asked the group gathered in the valley pasture when the topic of direct-marketing came up. “I love raising cattle — I don’t like marketing them.”

“It is a job, and it sounds like you have one,” said Kurash, who markets his cattle straight to eaters as well as via conventional channels. Hub members also discussed the idea of using third-party marketers to handle sales, the difficulty of reaching consumers willing to pay for quality, and whether the current boom in the conventional beef market was peaking.

Eric Heins, a Winona County farmer who both direct markets his own beef cattle and custom grazes other farmers’ animals, said during a field day he hosted later in June that no matter which path is chosen, it’s key to crunch the numbers and make sure one isn’t pouring all that sweat equity into a black hole of constant work and little return on investment.

“We as farmers are horrible at paying ourselves,” said Heins, who was trained as an accountant.

Markets related to livestock weren’t the only topic of discussion during the Soil Hub season. As was described in a previous blog, Reed and Denise Duncan, who farm hilly land outside Zumbro Falls in southeastern Minnesota, used their Hub meeting to gather input on how to make a diversified cropping mix of corn, soybeans, and oats, along with the experimental perennial grain, Kernza, pay, all while integrating livestock into the rotation.

We’re Not Alone

Too many farmers have experienced the limited results of knowledge being handed down from land grant extension educators, input suppliers, and other “experts” representing certain views of how farming should be done. What became clear during the 2025 Soil Health Hub gatherings is that no matter what enterprise or technique is being considered, there is no one silver bullet for making a farm profitable. For example, during the July gathering at Eric Klaes’s farm, a couple of farmers made it clear they were offering their host “thoughts” rather than “advice.” This flexible approach is particularly important when trying to build a balanced three-legged stool.

Maybe selling the herd and grazing someone else’s animals makes sense economically. Or perhaps tearing out the fences and going full-bore into row crop production during a year when corn prices are making bank is the way to go. But inevitably, someone else has been there and done that, or at the least has considered doing what you’re thinking about. A little perspective can be worth a lot.

At the outset of her Hub meeting, Nikki Meyer made it clear that one question was top on her mind, and that’s why she welcomed other farmer’s thoughts. “How do we make this farmland as profitable as possible?” she asked. But issues like quality of life are also important to her and Cody. He recently left a town job as a mechanic so he could spend more time on the farm and with the family (he and Nikki have two small children). “I want to enjoy the family,” said Nikki. “And I want to enjoy my 32nd year.”

As the growing season wound down by mid-October, Meyer was still contemplating that June discussion she hosted at the bottom of that muddy field road.

“Over lunch, I was just rolling it through my brain again whether we could buy all or some of that land,” she said over the telephone, adding that over the summer she connected with other farmers who had had experience with money-making enterprises like leased hunting. She still may not be any closer to making a final decision, but in the end feels a little bit better knowing this isn’t a debate she has to have solely in her own head.

“It was fun to see it was a common struggle for everybody and that I don’t have to think about it alone.”

Brian DeVore is LSP’s managing editor. You can read the first installment in this series here, the second installment here, and the fourth installment here. For more information on the Soil Health Hubs, contact LSP’s Alex Romano, Shea-Lynn Ramthun, or Sarah Wescott. For more on LSP’s Soil Builders’ Network, click here.

Category: Blog
Tags: adaptive rotational grazing • farmland access • livestock marketing • livestock production • LSP Soil Builders' Network • LSP Soil Health Hubs • regenerative grazing • soil health

Upcoming Events

×

December 2025

Thursday December 18

All Day
MDA Urban Farm Conservation Mini-grant Deadline
Thursday December 18
MDA Urban Farm Conservation Mini-grant Deadline
MDA

A grant opportunity for urban farmers in Minnesota to receive up to $5,000 to make conservation-focused improvements is now open for applications.

The Minnesota Department of Agriculture (MDA) is once again offering an Urban Farm Conservation Mini-grant with approximately $100,000 available, thanks to funding from the USDA’s Natural Resources Conservation Service. This year the program has expanded eligibility.

Who is eligible:

  • Entities commercially farming in Minnesota, meaning they sell or donate at least $1,000 of what they produce.
  • Farm applicants must be located in or selling into a city with a population over 5,000 people, or be located within the boundaries of federally recognized tribal land in Minnesota and serve tribal community members.

The grant offers up to $5,000 per approved recipient which can be used to cover a variety of tools, supplies, services, and other expenses related to improving their urban farm.

Eligible projects include irrigation infrastructure improvements, tools and amendments for improving soil health, composting infrastructure, specialty crop rotation equipment and many other farm improvements which generate conservation outcomes.

Up to 100% of the total project costs may be covered by the grant, and a cash match is not required. Grantees will need to pay for eligible expenses up front and then request reimbursement, using proof of purchase and proof of payment.

An informational session will take place online at 1 p.m. on November 20 and registration is required. Language interpretation services may be requested for the information session by contacting Emily Toner at emily.toner@state.mn.us.

This is a competitive grant program and applications must be submitted by December 18.

Visit the Urban Farm Conservation Grant web page for more information on its application. The Request for Proposals is available for download in English, Spanish, Hmong and Somali.

11:00 am – 2:00 pm
Managing Cover Crops Effectively
Thursday December 18
11:00 am – 2:00 pm
Managing Cover Crops Effectively
830 Whitewater Ave, St Charles, MN 55972, USA

Program Includes:

  • Introduction to cover crop management
  • Funding and cost-share opportunities
  • Farmer panel and Q & A with panelists Mike Unruh, Ken Bergler, and Myron Sylling

Presentations from: Bailey Tangen (UMN) and Brad Jordahl Redlin (MDA).
 
Holiday conservation mixer following program.
 
This event is free but registration is required. For more information and to register, click here or call 262-325-6637. Details are also available on this flyer.

1:00 pm – 4:00 pm
Workshop: Sharing No-till Knowledge & Microbial Insights
Thursday December 18
1:00 pm – 4:00 pm
Workshop: Sharing No-till Knowledge & Microbial Insights
Olmsted County Public Works Service Center, 1188 50 St SE, Rochester, MN 55904, USA

Whitewater Gardens, The Olmsted SWCD, and The University of Minnesota Extension Olmsted County is offering a workshop called The Living Soil Roundtable: Sharing No-Till Knowledge and Microbial Insights. This workshop will offer practical information on how to read soil tests (both the Haney and the Soil Food Web), share findings from a recent NRCS SARE research project Optimizing No-Till Methods for a Direct-to-Market Organic Vegetable Farm on various mulching methods (deep composting, cut and carry, and living mulch), and provide plenty of time for questions and answers to discuss incorporating mulching in reduced till systems as a weed management practice and how to incorporate practices to increase soil microbiology. 


Participants are encouraged to bring soil or compost samples for viewing under a microscope and for analysis to detect microbial life. Class cost is free and will be held at Olmsted County Public Works Service Center (1188 50 St SE, Rochester, MN 55904) on December 18th from 1- 4 PM. 
 
Register at z.umn.edu/soilroundtable. Contact Shona Langseth at
shona.langseth@olmstedcounty.gov
 or 507-328-6905 with any questions.

Monday December 22

All Day
Beginning Famer Tax Credit Webinar
Monday December 22
Beginning Famer Tax Credit Webinar
Zoom online

The Minnesota Department of Agriculture’s (MDA) Rural Finance Authority (RFA) will start accepting applications for the 2026 Beginning Farmer Tax Credit on Jan. 1. This is an annual program available to landlords and sellers (asset owners) who rent or sell farmland, equipment, livestock, and other agricultural assets to beginning farmers.
 
This webinar will provide basic information on the program and how to apply for it. To register, click here. 
 
 

9:00 am – 11:30 am
Organic Fruit Growers Climate Resilience Workshop
Monday December 22
9:00 am – 11:30 am
Organic Fruit Growers Climate Resilience Workshop
Zoom online

In December and January, the Organic Fruit Growers Association is offering a series of climate resilience workshops. Workshop goals are to learn about the changing climate in our region and the expected impacts on fruit farmers and to select climate resilience practices which are suited to your farm’s goals and values. The outcome of the workshops will be a written climate resilience plan with actionable steps to make your farm more resilient to changing climate. 
 
Workshops will be led by University of Minnesota extension educators Katie Black and Madeline Wimmer and include times for farmer-to-farmer discussion. This series includes the following four meetings. Expect to spend an additional 4-10 hours outside the meetings developing your farm’s climate resilience plan:

  • Wednesday Dec. 3, 9 a.m.-11:30 a.m. (online via Zoom)
  • Wednesday, Dec. 10, 9 a.m.-11:30 a.m. (online via Zoom)
  • Monday, Dec. 22, discussion (online via Zoom — optional but encouraged)
  • Wednesday, Jan. 7, 10 a.m.-3 p.m. (in-person workshop in La Crosse, Wis. Lunch provided, and you can be reimbursed for mileage traveling to and from the meeting.)

For details and to register, click here. 

View Full Calendar

Recent Posts

  • Standing In Solidarity With Our Immigrant Neighbors December 4, 2025
  • Farm Aid Fridays: Hannah Bernhardt, Moses Momanyi & Lonah Onyancha Kilimo December 4, 2025
  • Growing New Grains for Better Bread December 3, 2025
  • Land Line: Ag Bailout, Trade War, Manure Digesters, Bird Flu, Local Food Kitchen, Eco-Ag Labor, Ultra-Processed Foods November 26, 2025
  • Help Sustain our Movement Ecosystem on Give to the Max Day! November 20, 2025

Montevideo

111 North First Street
Montevideo, MN 56265

(320) 269-2105

Lewiston

180 E. Main Street
Lewiston, MN 55952

(507) 523-3366

Minneapolis

821 E. 35th Street #200
Minneapolis, MN 55407

(612) 722-6377

  • Privacy Policy

Copyright © 2025 Land Stewardship Project. All rights reserved.

https://landstewardshipproject.org/economic-sustainability-financial-field-talk