Cash rent negotiation help

Farmland owners and tenant farmers might have to negotiate longer and harder to come up with a mutually acceptable rental rate for the 2009 crop season, says Craig Dobbins, Purdue University agricultural economist. You should carefully calculate both production costs and projected revenue when estimating margin on the 2009 crop. That information is valuable when negotiating cash rents. Also, prepare to have a conversation with your landowner about your financial situation.

For more suggestions on negotiating cropland leases in tough economic times, including creating flexible cash-rent agreements, check out “Establishing a Cash Rent in an Uncertain Economic Environment,” by Dobbins and fellow Purdue agricultural economists Luc Valentin and Alan Miller.

1. AFBF president issues statement on U.S.-EU trade negotiations
2. Buckle your seatbelt for the House consideration of the farm bill
3. Study: Federal milk marketing order helps Calif. producers
4. Ag markets were generally mixed overnight trading
5. Winterkill losses put pressure on forage supplies
6. Weather report: Cool and rainy in the Plains

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Cattle crush Calif. dairy worker
5. How China may help keep Calif. dairies in business
6. WASDE: Corn price outlook lowered

1. Commentary: Clueless consumers
2. Group enhances financial commitment to dairy exports
3. USDA report shows continued adoption of no-till
4. Finding the comedy in ag-gag
5. Commentary: Ag must resist HSUS 'divide and conquer' strategy
6. Chobani pushes back against UK Greek yogurt ban