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Learn about leasing arrangementsLearn about leasing arrangements

Farm tenants and landowners are encouraged to attend upcoming ISU Extension workshops.

Rod Swoboda 1

June 23, 2017

2 Min Read
DECLINING: ISU’s annual statewide survey for cash rental rates shows average cash rents for tillable acres planted to corn or soybeans are down by 4.8% or $11 per acre to $219 per tillable acre for 2017.

Iowa State University Extension and Outreach will host multiple farmland leasing meetings during July and August at various times and locations throughout Iowa. The annual meetings are offered to address questions landowners, tenants and other interested individuals have about leasing farmland.
Topics covered will include land values and cash rent trends, cost of production, methods for determining a rental rate, legal updates regarding leases, and communication between tenants or landlords. Additional topics vary by location.

“More than half of Iowa’s farmland is rented, and strong landlord and tenant relationships are important for the long-term viability of Iowa’s valuable land,” says Alejandro Plastina, an economics professor and Extension economist at Iowa State University. “Cash rent values across Iowa have declined for the fourth consecutive year, dropping by 4.8% from 2016, an accumulated 18.9% decline since 2013. Variations in the survey results occur at the county and district level. Farmland leasing meetings provide an outlet for further understanding of these results and more.”

The three-hour workshop is designed to assist landowners, farm tenants and other agribusiness professionals with current issues related to farmland ownership, management and leasing arrangements. Attendees will gain a better understanding of current cash rental rate surveys and factors driving next year’s rents, such as market trends and input costs. Comments from past participants highlight the value of the materials provided and depth of information covered in the short program.

A 100-page workbook is compiled for the meetings, with resources for land leasing agreements, such as surveys, sample written lease agreements and termination forms, along with many other publications.

Attend a local meeting
The leasing meetings being held across Iowa are facilitated by farm management specialists with ISU Extension and Outreach. An online listing of County Extension Offices hosting the meetings is available with additional information available through ISU’s Ag Decision Maker website.

For registration information, contact an ISU Extension and Outreach county office. Preregistration is encouraged as an additional $5 fee may be added if registering less than two calendar days before the meeting date.

The Ag Decision Maker leasing section on the website also provides useful materials for negotiating leases, information on various types of leases, lease forms and newly updated Decision Tools.

Source: Iowa State University



About the Author(s)

Rod Swoboda 1

Editor, Wallaces Farmer

Rod, who has been a member of the editorial staff of Wallaces Farmer magazine since 1976, was appointed editor of the magazine in April 2003. He is widely recognized around the state, especially for his articles on crop production and soil conservation topics, and has won several writing awards, in addition to honors from farm, commodity and conservation organizations.

"As only the tenth person to hold the position of Wallaces Farmer editor in the past 100 years, I take seriously my responsibility to provide readers with timely articles useful to them in their farming operations," Rod says.

Raised on a farm that is still owned and operated by his family, Rod enjoys writing and interviewing farmers and others involved in agriculture, as well as planning and editing the magazine. You can also find Rod at other Farm Progress Company activities where he has responsibilities associated with the magazine, including hosting the Farm Progress Show, Farm Progress Hay Expo and the Iowa Master Farmer program.

A University of Illinois grad with a Bachelors of Science degree in agriculture (ag journalism major), Rod joined Wallaces Farmer after working several years in Washington D.C. as a writer for Farm Business Incorporated.

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