Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

Tag Archives: cash rents

CASH RENTS

60% of ProFarmer members say they’ll tough out high cash rent rates yet again in 2016, according to a new survey. About 40% of those surveyed said they absolutely or probably would give up land next year if rents are too high.

Posted in Agriculture News | Also tagged , | Comments closed

CASH MORE IMPORTANT

Farmdoc Daily reports commodity program and Crop Insurance payments are a lower percentage of crop revenue since 2006 as compared to 2000 through 2005. Farmdoc economists say this lower percentage holds two implications. First, crop revenue has become more important as a revenue source. The second relates to a popular benchmark of appropriate cash rents…. read more

Posted in Agriculture News | Also tagged , | Comments closed

RENT WALKOUTS

Across the U.S. Midwest, the plunge in #grain prices to near 4-year lows is pitting landowners determined to sustain rental incomes against farmer tenants worried about making rent payments because their revenues are squeezed. http://reut.rs/1GltAE7

Posted in Agriculture News | Also tagged | Comments closed

FARM TRENDS

Farmers National Company’s recent farmland conference did not project much of a decline in cash rents for 2015. Farmers National expects cash rents in central and northern Illinois to run $250 to $500 per acre; rents in central Iowa north to Minnesota will run $300 to $450; and that many landowners are receiving 20% to… read more

Posted in Agriculture News | Also tagged , | Comments closed

CASH RENTS DECLINING

 Cash rents have declined slightly this year in both IL and IA, and by reasonably similar amounts. In IL, farm management specialist Gary Schnitkey reported cash rents on top quality farmland dropped $21/A to $375, good quality land dropped $16/A to $323. In IA, the rent in the southeastern corner of IA remained steady at… read more

Posted in Agriculture News | Also tagged , , , | Comments closed