Use Caution with Cash Rental Rates for 2011

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Table of Contents:

  • Land rental rate increases of 5-15% for 2011, as compared to 2010, have been reported in many instances across the Upper Midwest
  • Farm operators are encouraged to use caution when agreeing to large increases in 2011 cash rental rates

Iowa State University has some very good resources on cash rental contracts and flexible cash leases, including information sheets, excel spreadsheets and sample written cash rental lease contracts, which are available on their Ag Decision Maker website. For additional information on land rental rates, flexible land rental leases or land rental contracts, send me an e-mail at kent.thiesse@minnstarbank.com

 

Editor’s note: Kent Thiesse is a former University of Minnesota Extension educator and now is Vice President of MinnStar Bank, Lake Crystal, MN. You can contact him at 507-726-2137 or via e-mail at kent.thiesse@minnstarbank.com.

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