By: Sara Schafer, Top Producer editior. Previously published on AgWeb Daily.
If thinking about negotiating cash rental rates makes you sweat—you’re not alone. This annual task can be unnerving, especially if you are asking for a rental reduction. The current cloudy profitability and policy picture adds even more pressure this year. Continue reading
By: Anna-Lisa Laca, Farm Journal’s Milk Online and Business Editor
While commodity prices face significant pressure and yields are still up in the air, many producers wondering how they will continue to be able to rent farmland when it’s barely profitable, and in some cases isn’t profitable. How can producers negotiate lower cash rent in the middle of a land rental agreement? Continue reading
by: Barry Ward, Leader, Production Business Management & Director, OSU Income Tax Schools OSU Extension
Ohio cropland values and cash rental rates are projected to decrease in 2017. According to the Western Ohio Cropland Values and Cash Rents Survey, bare cropland values in western Ohio are expected to decrease from 4.4 to 8.2 percent in 2017 depending on the region and land class. Cash rents are expected to decline from 1.4 percent to 4.2 percent depending on the region and land class. Continue reading