Extension News

ISU Extension Offers Farmland Leasing Information Via Workshop or Web

7/9/2007

AMES, Iowa  --  The recent changes in Iowa agriculture have added a new dynamic in farm management decision-making.  To help Iowa landowners and renters, Iowa State University (ISU) Extension is offering two educational opportunities on farmland leasing this summer. The deadline for terminating or changing a lease for the 2008 crop year is Sept. 1, 2007.

ISU Extension farm management specialists are offering about 70 farmland leasing workshops in July and August. The workshops are designed to assist landowners, tenants and other agri-business professionals with issues related to farmland ownership, management, and leasing agreements. Each workshop attendee will receive a set of useful materials about farm leasing arrangements.

Topics covered include:

  • Cash Rental Rate Survey and Land Values Survey
  • Comparison of different types of leases
  • Lease termination
  • Impacts of yields and prices
  • Calculating a fair cash rent
  • Use of spreadsheets to compare leases
  • Available Internet resources

All workshop dates, times, locations, and registration information are provided on a brochure available at: www.extension.iastate.edu/feci/LB07.pdf.

Also, the ISU Extension farm management team has created a new online resource for those who prefer to get their information online. The information can be found at www.extension.iastate.edu/ag/hottopics.html, and it's intended to compliment the workshops planned across the state.

"The convenience of accessing educational resources via the home computer is expected to reach an audience in addition to those who prefer traditional delivery methods,” said Paul Brown, assistant director, ISU Agriculture and Natural Resources Extension.  “This delivery option will be especially helpful to absentee landowners.” 

Visitors to this site will find four short presentations and links to supplemental information on the following topics:

  • 2007 Cash Rental Rates for Iowa
  • Iowa Farm Lease Law
  • Methods for Determining Rental Charges
  • Flexible Lease Agreements

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Contacts :

Paul Brown, Ag Campus Director, (515) 294-7801, pwbrown@iastate.edu

Jean McGuire, Extension Communications and Marketing, (515) 294-7033, jmcguire@iastate.edu