More than half of Iowa farmland is rented, and the percentage of farmland rented has increased over time due to the changing demographics of farmland owners. Iowa farmland cash rental rates decreased by $10 an acre from 2013 to 2014.
Iowa State University Extension and Outreach in Grundy County is hosting a farmland leasing meeting on August 6, 2014 at 7 p.m. to address questions that land owners, tenants, or other interested individuals have about farmland leasing.
The meeting will be held at the Grundy Center Community Center located at 705 F Avenue in Grundy Center. The meeting is approximately 2 ? hours in length. Similar meetings are being held across Iowa during the first three weeks of August.
Attendees will gain understanding of current cash rental rate surveys and factors driving next year's rents such as market trends and input costs. They will learn about types of leases and results of farmland value surveys. Additionally, information on 2012 Census, Farm Bill, CSR2, and Nutrient Reduction Strategy will be presented. A 100-page workbook will be included with registration that includes land leasing information such as surveys, sample written lease agreement and termination forms, and many other publications.
"Due to changes in commodity markets, cash rent values, and government programs farmland owners and tenants may have more decisions over the next year than in previous years, and this meeting provides information to stay up to date on farmland lease issues", says Kelvin Leibold, ISU Extension and Outreach Farm and Ag Business Management Specialist. Leibold will be the presenter at the meeting.
Pre-register by calling the Grundy County Extension and Outreach office at 319-824-6979.