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The Southwest and South-Central Iowa Farmland Leasing Newsletter provides an overview of farmland leasing with a regional focus:

  1. The introduction discusses farmland as an investment, what determines land prices, and statewide land value and lease rate information. (LP)
  2. Types of leases are compared with a brief listing of the advantages and disadvantages of each. (LP)
  3. Crop Share Lease provisions and a discussion of how to evaluate a lease for fairness. (LP)
  4. Cash Rent Leases are common, but it setting the rate is sometimes difficult. This article discusses five ways of setting a cash lease rate. (LP)
  5. Flexible Leases are gaining in popularity, and this article helps to take out some of the confusion associated with them. (LP)
  6. Calculating a Pasture and Hay Land Lease rate based on AUM's is more fair to both the landowner and tenant. (LP)
  7. Custom Farming allows the landlord to take on the risk, and returns, of farming without having to own any equipment. This article outlines considerations that need to be addressed in a custom farming agreement. (LP)
  8. Ag leases are contracts and there is a body of law related to them. (LP)
  9. The most important part of any lease relationship is good communication skills. While a newsletter article can not help you to build skills, it can increase your awareness of the issues that need to be addressed. (LP)

    * LP denotes Large Print editions

Likewise, the Central and East-Central Iowa Farmland Leasing Newsletter provides an overview of farmland leasing with a regional focus:

  1. A wide range of goals and economic situations must be considered and carefully fit into the lease if the leasing situation is to be satisfactory for both landlord and tenant.
  2. The effects of the Federal Agriculture Improvement and Reform (FAIR) Act on rental terms for farmland in Iowa are complex.
  3. The crop share lease is widely used in Iowa. Under this type of lease the landlord and tenant each receive a share of the crop in return for their contribution of land, labor, and capital.
  4. Cash leases have been popular in recent years. Many landlords have favored them because of their simplicity and the fact that the level of rent is known in advance. Many tenants also prefer the cash lease due to the planning freedom it allows.
  5. A flexible cash lease can combine some of the simplicity of the fixed cash lease with some of the flexibility of the crop share lease.
  6. Each type of farm lease has characteristics, which make it more suitable for use in some situations than in others. Selection of the lease type best suited to a given situation is a matter of comparing the characteristics of the alternatives with the particular needs, interests, and abilities of the landlord and tenant.
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Iowa State University Extension
Copyright © 2002, Iowa State University Extension
Tim Eggers, Field Ag Economist
Clarinda, Iowa 51632  (712) 542-5171
All rights reserved.
Page last updated May 4, 2001