Fairfield Ledger

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Neighbors Growing Together | Jul 18, 2018

Farmland Leasing meetings set in Fairfield, Keosauqua

Jul 18, 2017

Iowa State University Extension and Outreach is conducting farmland leasing meetings across 11 different sites in southeast Iowa during late July and August, including Fairfield and Keosauqua.

Discussion at these meetings will focus on tenant/landlord communications, land values and cash rental rate trends, various methods to determine a fair cash rental rate, profit margins and a little on market outlook. According to the Cash Rental Rates for Iowa — 2017 Survey, released in early May, the average 2017 cash rent statewide of $219 per tillable acre declined by an average of 4.8 percent as compared to 2016. This decline is due primarily to lower crop prices impacting tenant’s profitability. Average cash rents statewide have declined for four consecutive years and are currently nearly 19 percent below the 2013 high.

The Fairfield meeting will begin at 9 a.m. Aug. 8, with doors opening at 8:30 a.m., at the Jefferson County ISU Extension office.

The Keosauqua meeting will begin at 6:30 p.m. Aug. 24, with doors opening at 6 p.m., at the Roberts Memorial Center on the Van Buren County Fairgrounds in Keosauqua.

Each meeting will last approximately three hours and will be facilitated by Charles Brown, farm business management specialist with ISU Extension and Outreach.

Preregistration is required at least two days before the meeting and a $20 per individual or $30 per couple fee is payable at the door. Participants will receive a 100-page booklet and meeting handouts designed to assist landowners, tenants and other agribusiness professionals with issues related to farmland ownership, management and leasing arrangements.

Contact the Jefferson County ISU Extension office at 472-4166 or the Van Buren County ISU Extension office at 319-293-3039 with questions and to preregister.

For a list of meetings statewide, check the ISU Extension calendar at www.extension.iastate.edu/calendar.

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