Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States
Corn+Soybean Digest

Check Cash Rents Carefully

Farm operators bidding on new land parcels available for cash rent need to check costs and projected breakeven yields and prices carefully. So says Kent Thiesse, Blue Earth County, MN, extension educator.

“It's important to account for all cash and overhead costs of renting the extra land. There may be times when a farm operator is better off to let someone else rent the land rather than pay a high cash rent,” says Thiesse.

Average land rental rates for 2002 are likely to stay steady with 2001 rates, according to the annual land rental survey in south-central Minnesota, conducted by the University of Minnesota Extension Service.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish