Managing for Profit
Determining farmland rental rates for 2014
It’s that time of year when landowners and tenants sit down to renew or update their farmland rental agreements.
So, in light of much lower commodity prices this fall, will those rental rates be coming down?
Not necessarily, says Iowa State University Extension farm management specialist Melissa O’Rourke. She says it’s important to consider commodity and farmland prices, but there are other factors involved as well.
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