September 16, 2019

Leasing Land

by Michael Langemeier

A series of leasing articles that discuss cash rents and land values…

ARTICLES WITHIN PUBLICATION:

Leasing Principles for Cropland

June 8, 2019

When examining the leasing option, a farm needs to decide, along with the landowner, whether they want to use a cash lease, a crop share lease, or a flexible cash lease.

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Providing Reports for Crop Landowners

July 8, 2019

Communicating is prudent for a tenant to provide updates of crop conditions throughout the year and make sure that crop shares and possible bonuses emanating from flexible cash leases are understood by both parties.

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Flexible Cash Rent Leases

August 15, 2019

Switching from a fixed cash rent lease to a flexible cash rent lease allows a lower base rent to be established while simultaneously allowing landowners to share in relatively high crop revenues if they occur.

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Incorporating Conservation Practices and Improvements into Cropland Leases?

September 16, 2019

Most operators are interested in renting ground for a long period of time, so they are also interested in long-run productivity and the soil health of each tract of land that they farm.

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Should I Use an Annual or a Multi-Year Cropland Lease?

October 14, 2019

A vast majority of cropland leases are in effect for only one year. Multi-year leases provide incentives for tenants and landowners to invest in long-term improvements, maintain soil fertility, and encourage conservation practices.

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RELATED RESOURCES

Comparing Net Returns for Alternative Leasing Arrangements

August 5, 2020

Obtaining control of land through leasing has a long history in the United States.  Leases on agricultural land are strongly influenced by local custom and tradition.  However, in most areas, landowners and operators can choose from several types of lease arrangements.

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2020-07 Purdue Agricultural Economics Report (PAER)

July 23, 2020

The 2020 Purdue Farmland Value and Cash Rents Survey suggests that farmland prices across Indiana improved since the June 2019 survey; however, many of those gains occurred between June and December 2019. Since then farmland prices have declined modestly.

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Indiana Farmland Values & Cash Rental Rates: 2020 Update Webinar

July 21, 2020

Recorded August 7, 2020 | Purdue ag economists Todd Kuethe, James Mintert, and Michael Langemeier discuss the latest Purdue Land Values Survey and USDA’s Land Values report.

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UPCOMING EVENTS

August Crop Production Report Panel Webinar

August 12, 2020 at 1:30 p.m. EDT | Join us for a free panel discussion immediately following release of USDA’s August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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2020-07 Purdue Agricultural Economics Report (PAER)

July 23, 2020

The 2020 Purdue Farmland Value and Cash Rents Survey suggests that farmland prices across Indiana improved since the June 2019 survey; however, many of those gains occurred between June and December 2019. Since then farmland prices have declined modestly.

READ MORE

Coronavirus Food Assistance Program Application Details

May 27, 2020

USDA’s Farm Service Agency is accepting applications for the Coronavirus Food Assistance Program (CFAP) from producers who have suffered losses. Indiana FSA Director Steve Brown and staff join Jim Mintert for a discussion on eligibility requirements, payment rates and application details of the 2020 CFAP program.

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2019 Indiana Farm Custom Rates

June 8, 2019

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana.

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