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Land rents aren’t changing much

An agricultural land expert says land rents for 2026 are stable.

Colton Lacina with Farmers National Company says his firm manages annual leases on five thousand farms across twenty-nine states, and the price of renting cropland isn’t moving much. “This year so far, we’ve negotiated about a third of those leases to date, and the majority are holding steady from where we were at last year. There is more pressure this year to go down than there was last year, but most producers have been acceptable to maintaining the same.”

Lacina says their cash rent farm leases are done one of two ways. “Half would be flat, what we call a base rent. The other half would be base rent with a flex clause in there to where if certain parameters are met utilizing price, yield, and a percentage factor, if that number equates to higher than the base rent, there would be a bonus due. If not, then it’s just the base rent due.”

Lacina says the adjustable leases with the flex clause do not lower land rents below the base price when yields or commodity prices go down.

AUDIO: Colton Lacina from Farmers National Company comments on 2026 land leases with Brownfield’s Larry Lee.