Farm tenants and landowners are encouraged to attend August 7 in Atlantic

Atlantic, Iowa – Cass County Extension is hosting a farmland leasing meeting on Wednesday, August 7 at 2 PM, at the Cass County Community Center, 805 West 10^th Street in Atlantic. The annual meeting is offered to address questions that landowners, tenants or other interested individuals have about leasing farmland. The average reported rate in the 2024 cash rental survey for the state is $279 per acre of corn and soybeans, which is the first time rates have not increased in five years. Topics covered during the meeting will include land values and cash rent trends, cost of production, methods for determining a fair rental rate, legislative updates regarding leases, and communicating with tenants or landlords.

Ann Johanns, a program specialist at Iowa State University Extension and Outreach, says “More than half of Iowa’s farmland is rented, and strong landlord/tenant relationships are important for the long-term viability of Iowa’s valuable farmland. While the trend in rental rates is fairly steady, individual agreements vary and attending a workshop is a great way to learn more or ask questions on specific aspects of farm lease arrangements.”

The 2.5-hour workshop is designed to assist landowners, farm tenants and other agri-business professionals by sharing information on current issues and topics related to farmland ownership, management and leasing arrangements. Attendees will gain a better understanding of current cash rental rate surveys and factors driving next year’s rents such as market trends and input costs. Each registrant will receive a 100-page workbook with resources regarding land leasing agreements such as surveys, sample written lease agreements and termination forms, along with many other publications.

Photo credit: Lisa Scarbrough

Registration for the August 7 meeting is $20 per individual or $30 per couple if sharing a book. Preregistration is encouraged for materials planning. To register contact the Cass County Extension Office by calling 712-243-1132 or email Kate Olson at keolson@iastate.edu.

Leasing meetings are being held across Iowa throughout the month of August, facilitated by farm management specialists with ISU Extension and Outreach. For out-of-state landowners or those unable to attend a meeting in person, a statewide online webinar will be offered on Monday, August 26 at 9:00 am. This meeting is available for a $20 registration fee, with virtual access provided to the Farmland Leasing Arrangements book. Visit the Ag Decision Maker events page to find other leasing meeting locations or register for the online meeting, at https://go.iastate.edu/AGDMEVENTS or visit the Ag Decision Maker home page at www.extension.iastate.edu/agdm.

The Ag Decision Maker website provides useful materials for negotiating leases, information on various types of leases, lease forms and newly updated Decision Tools.