Washington Evening Journal
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Farm tenants and landowners encouraged to attend meeting in Sigourney Aug. 28
Farmland Leasing and Management Workshops to increase understanding of rental agreements
Aug. 8, 2024 10:18 am
Sigourney — Iowa State University Extension and Outreach in Keokuk County is hosting a farmland leasing meeting on Aug. 28 at 5 p.m., AT Keokuk County Extension Office, 400 220th Ave Suite A. in Sigourney. The annual meeting is offered to address questions that landowners, tenants or other interested individuals have about leasing farmland. The average reported in the 2024 cash rental survey for the state is $279 per acre of corn and soybeans and is the first time rates have not increased in five years.
Topics will include land values and cash rent trends, cost of production, methods for determining a fair rental rate, legislative updates regarding leases and communicating with tenants or landlords.
“More than half of Iowa’s farmland is rented, and strong landlord/tenant relationships are important for the long-term viability of Iowa’s valuable farmland,” said Ann Johanns, program specialist at Iowa State University Extension and Outreach. “While the trend in rental rates is fairly steady, individual agreements vary and attending a workshop is a great way to learn more or ask questions on specific aspects of farm lease arrangements.”
The two-and-a-half-hour workshop is designed to assist landowners, farm tenants and other agribusiness professionals with current issues related to farmland ownership, management and leasing arrangements. Attendees will gain a better understanding of current cash rental rate surveys and factors driving next year’s rents such as market trends and input costs.
Each registrant will receive a 100-page workbook with resources regarding land leasing agreements such as surveys, sample written lease agreements and termination forms, along with many other publications. The workbook may be included in the registration fee in some county meetings and available for purchase in others.
Attend a local meeting
Registration is $25.00 per individual and includes materials. Preregistration is encouraged as an additional $5 fee will be added if registering less than two calendar days before the meeting date. To register contact the ISU Extension and Outreach Keokuk County office at 641-622-2680 or ebelvel@iastate.edu.
The leasing meetings being held across Iowa are facilitated by farm management specialists with ISU Extension and Outreach, for other locations, visit the Ag Decision Maker events page.