From Peggy Kirk Hall, Associate Professor, Agriculture, and Resource Law Program
Lawsuits over late terminations of farm crop leases might reduce after a new law in Ohio takes effect on July 21, 2022. The law will affect situations where the parties in a farm crop leasing arrangement have not addressed a date or method for terminating the lease–typically verbal leases, although a written lease might also fail to address termination. A landlord in those situations who wants to end the crop lease will have to do so by delivering a written notice of termination to the tenant operator by September 1. A late attempt by the landlord to terminate the lease after September 1 would not be effective and the lease would continue for another crop year, although a tenant operator can choose to agree to accept a landlord’s late termination. Continue reading
Contact: Peggy Kirk Hall, 614.688.0466
Is it time to review your farmland leasing situation? OSU’s Farm Office team will provide helpful leasing resources in its Ohio Farmland Leasing Update webinar on February 9, 2022, from 7 to 9 p.m.
“Winter is a good time to review farm leases, and current information is critical to that process,” said Barry Ward, Leader of Production Business Management for OSU Extension. “We’ll provide the latest economic and legal information relevant to farmland leasing in Ohio.” Continue reading
Information provided by the Ohio Department of Natural Resources
Image: Ohio Department of Natural Resources
The Ohio Landowner/Hunter Access Partnership (OLHAP) Program is a new way for Ohio hunters to get access to private properties. This program is funded in part by the federal Farm Bill under their Voluntary Public Access and Habitat Incentive Program (VPA-HIP). This bill provides funding to state and tribal agencies through a competitive grant process to implement programs encouraging hunting access on private properties. As part of the 2018 Farm Bill, Ohio was awarded $1,831,500 to implement the new OLHAP program. The OLHAP program uses part of those funds to pay landowners for hunters to access their property. Participating landowners receive annual payment rates ranging from $2.00 to $30.00 per acre depending on the characteristics of the property enrolled. Enrollment contracts are for 2-3 years, with the possibility of extension.
If you are a landowner interested in finding out more about the program or wishing to enroll your property, please complete the form at https://ohiodnr.gov/wps/portal/gov/odnr/buy-and-apply/hunting-fishing-boating/hunting-resources/ohio-landowner-hunter-access with your contact information. An OLHAP program representative will be in contact with you to provide more resources.
by: Barry Ward, Leader, Production Business Management, Director, OSU Income Tax Schools, College of Food, Agricultural and Environmental Sciences, OSU Extension
Ohio cropland varies significantly in its production capabilities and, consequently, cropland values and cash rents vary widely throughout the state. Generally speaking, western Ohio cropland values and cash rents differ from much of eastern Ohio and parts of southern Ohio cropland values and cash rents. The primary factors affecting these values and rates are land productivity and potential crop return, and the variability of those crop returns. Soils and drainage capabilities are the two factors that heavily influence land productivity, crop return, and variability of those crop returns.
Other factors impacting land values and cash rents may include buildings and grain storage, field size and shape, field accessibility, market access, local market prices, field perimeter characteristics and potential for wildlife damage, previous tillage system and crops, tolerant/resistant weed populations, population density, USDA Program Yields, and competition for the cropland in a region. Ultimately, the supply and demand for cropland will determine the value or rental rate for each parcel. Continue reading