Listening and Learning Session: Flex Leases 4-5:30 p.m. For years tenant farmers and landowners have relied on a conversation and a handshake to determine rental rates each year. Fluctuating market prices, fertilizer shortages and a dependence on world events means the price of corn and soybeans may fluctuate wildly year-to-year. Many farmers and landowners are […]
Category Archives: Leases
03
May
May
This webinar brought together two succession experts and two Illinois farm families to talk about the big picture of farm succession planning. Together they explained and addressed topics like: (1) why succession planning matters so much; (2) what are common obstacles that keep families from making a plan at all or from making a sound plan that will accomplish all they desire; […]
13
Sep
Sep
Article by Betsy Freese from Successful Farming The corn crop around Lisbon, Iowa, this morning is on pace for record yields, but the four men gathered for a discussion are not throwing a party. Markets are down and agriculture is five years into a financial tailspin. Helping farmers transition to the next generation is on […]
28
Aug
Aug
By Mike Downey, Next Generation Ag Advocates Pay Yourself First. A common phrase we’ve all heard from the financial planning industry to encourage us to set aside a percentage of our income towards savings or retirement. The same concept was used recently during a meeting I had with a farm producer and their landlord. The […]
27
Jul
Jul
“Fifty-three percent of Iowa farmland is rented,” according to the Iowa State University Farmland Ownership Tenure Survey released in 2017. A high percentage of these agreements are for a simple cash lease. Yes, we agree a fixed cash rent lease is simple in concept, but can also present challenges. We have experienced this ourselves while […]