Price realizations greatly influence operator and land returns, as illustrated in Table 2. Take a 40¢ increase in corn price from $4.80 to $5.20 and an 80¢/bu. increase in soybean price from $10.75 to $11.55. This results in a $67/acre increase in operator and land return from $333/acre to $400/acre.

As price expectations change, returns will change as well. This then leads to a need to re-evaluate cash rents.

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