Agriculture News

January 20, 2016  

Seminar to give farmers new insights into land leasing

WEST LAFAYETTE, Ind. - Purdue Extension is offering a seminar that will help farmers with land leasing decisions at a time of tight profit margins.  

"Can I Do It? Leasing Land on a Tight Margin" will be held 1-4 p.m. Feb. 16 at the Clarion Hotel and Conference Center, 2480 Jonathon Moore Pike in Columbus, Indiana.

"As crop cost per acre continues to outweigh the revenue per acre, farmers are finding themselves facing tight margins that may not allow them to continue to pay high land rent," said Jenna Nees, an Extension educator in Putnam County. "This financial situation provides farmers with the chance to re-evaluate what land they are currently renting, rental prices and even the type of lease they decide to use."

The seminar will cover:

* Calculating the lease amount in cash and valuing the property.

* Long-term decisions regarding cash rent.

* Flexible leases as cash rent alternative.

* How to communicate with landowners for optimal relationships.

* Legal aspects of leases.

Registration fee is $15 for those who are registered for the Midwest Women in Agriculture Conference and $20 for all others. To register, contact Kelly Heckaman at 574-372-2340.

Writer: Megan Tarter, metarter@purdue.edu 

Source: Jenna Nees, 765-653-8411, smith535@purdue.edu

Agricultural Communications: (765) 494-2722;
Keith Robinson, robins89@purdue.edu
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