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Farmland leasing meeting set for August 22 in Grundy Center

August 13, 2017
Reinbeck Courier

Grundy Center 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 overall this past year. Farmland values have also decreased.

Iowa State University Extension and Outreach in Grundy County is hosting a farmland leasing meeting on August 22, 2017, at 6:30 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 1/2 hours in length. Similar meetings are being held across Iowa. Other locations can be found by contacting the Grundy extension office or the ISUEO calendar of events at www.extension.iastate.edu/calendar/.

Attendees will gain an 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. Information on lease termination notices, Farm Bill updates and web-based resources will also be included. 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 and government programs farmland owners and tenants have challenging decisions to make, and this meeting provides information to stay up to date on farmland leasing issues," says Kelvin Leibold, ISU Extension and Outreach Farm and Ag Business Management Specialist. Leibold will be the presenter at the meeting.

There is a registration fee per individual or per couple. Pre-registration is requested. Pre-register by calling Shari at the Grundy County Extension & Outreach Office at 319-824-6979 or e-mailing sellbakk@iastate.edu

 
 

 

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