Farmland leasing meeting set for Aug. 4 in Washington

Iowa State University Extension and Outreach in Washington County is hosting a farmland leasing meeting on Tuesday, Aug. 4, at 6:30 p.m. to address questions that land owners, tenants, or other interested individuals have about farmland leasing.

The meeting will be held at the Washington County Extension Office, located at 2223 250th St. in Washington. The meeting is approximately 2 ½ hours in length. Similar meetings are being held across Iowa during the month of August.

Attendees will gain understanding of current cash rental rate surveys and factors driving next year?s rents such as market trends and input costs. Estimating a cash rental rate is a constant of the farm leasing arrangements meeting. This year?s decreased profitability will require landlords and tenants to look closely at 2016 production cost estimates. Attendees will learn about types of leases and results of farmland value surveys. A 100-page workbook will be included with registration that includes land leasing information such as surveys, sample written lease agreement and termination forms, and many other publications.

?Due to changes in commodity markets, cash rent values, land values, and government programs, farmland owners and tenants may have more decisions over the next year than in previous years. This meeting provides information to stay up to date on farmland lease issues.? says Ryan Drollette, ISU Extension and Outreach Farm and Ag Business Management Specialist. Drollette will be the presenter at the meeting.

There is a registration fee per individual and per couple. An additional $5 fee will be added if registering fewer than two calendar days before the workshop. Pre-register by calling the Washington County Extension and Outreach office at 319-653-4811.