Flex Lease Computations Spreadsheet Tool

by Michael Langemeier

Updated August 2025

This spreadsheet can be used alongside the articles Comparing Net Returns for Alternative Leasing Arrangements  and Flexible Cash Lease Comparisons to compute cash rents and net returns for a specific year for 75% and 90% base cash rent leases. Users can enter custom values for crop budget line items, yields, prices, and payments to calculate lease rates and earnings per acre. The tool is useful for both landowners and tenants.

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Comparing Net Returns for Alternative Leasing Arrangements

July 2, 2026

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: crop share, fixed cash rent, flexible cash leases. Each leasing arrangement has advantages and disadvantages. Rather than focusing on the advantages and disadvantages of various lease arrangements, this article uses a case farm in west central Indiana to illustrate net returns to land derived from crop share, fixed cash rent, and flexible cash lease arrangements.

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Crop Net Return Prospects, Presentation at Farmer Appreciation Breakfast

December 12, 2025

Michael Langemeier presented in Vincennes, Indiana on December 11, 2025, on crop net returns prospects.

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Machinery Cost Benchmarks for Corn & Soybeans

December 3, 2025

Benchmark machinery costs for corn and soybean farms and see how expenses differ by farm size and net return category. The article also reviews long-term machinery cost trends from 2007–2024 to help producers assess scale efficiencies and compare their own costs to industry benchmarks.

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