A significant portion of cropland in the U.S. is leased, and the type of relationship between the landowner and farmer tenant can significantly impact each party’s income, risk, and comfort level, as well as the value of the farmland itself. Part 1 of this series on landlord-tenant relationships provides insight for the landowner, whether for […]
As farmers look for ways to be profitable with current crop prices, many are showing a renewed interest in crop share agreements as a way to better manage land costs. While there is a wide range of custom land agreement options (bonuses, crop sharing, input cost sharing, to name a few), it is still very […]
Unless you are lucky enough to own every acre you farm, the relationships you have with your landowners are some of the most important for the health of your operation. Losing a quarter section, even if it is breakeven to grow on, can increase fixed costs on machinery and overhead for your other acres, driving […]
If you rent the land you farm on, there’s a big chance your landlord has a relatively narrow understanding of what it takes to run a successful farm. With rent continuing to represent the largest expense on a farm’s budget, understanding farmland values with tools like AcreValue and getting a good grasp of field profitability […]