Farmland Leasing Meetings in AugustWritten by Theresa Rose on August 2, 2019
Mt. Pleasant, Iowa ― Iowa State University Extension and Outreach is conducting farmland leasing meetings across 10 different sites in Southeast Iowa during August 2019. Meeting sites include Oskaloosa, Keosauqua, Ottumwa/Bloomfield, Fairfield, Wapello, West Burlington, Donnellson, Mt. Pleasant, Humeston and Albia. Meetings are coordinated by county ISU Extension and Outreach offices.
The discussion will focus on various methods to determine a fair 2020 cash rental rate and the importance of good tenant/landlord communications. Also, a brief economic outlook will be presented along with a look at farmland prices. We have a new Farm Bill starting in 2019 and with it comes a few changes. According the Cash Rental Rates for Iowa – 2019 Survey released in mid-May, the average 2019 cash rent statewide is $219 per tillable acre, a 1.4 percent decrease as compared to 2018. Average cash rents statewide stabilized in 2018 after a decline of nearly 19 percent from the 2013 peak.
The Henry County meeting will be August 21, 2019 beginning at 1:00 p.m. at the Henry County Extension Office, 127 N. Main Street, Mt. Pleasant. The meeting will last approximately three hours and will be facilitated by Charles Brown, Farm Management Specialist, with ISU Extension and Outreach.
Pre-registration 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 agri-business professionals with issues related to farmland ownership, management and leasing arrangements.
Contact the Henry County Extension office at 319-385-8126 with your questions or to pre-register on or before August 19th.
For a list of meetings statewide, check the ISU Extension calendar for a meeting near you at www.extension.iastate.edu/calendar.