GREENFIELD – 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 have been steady to slightly lower over the past 4 years, with the state average in 2019 at $219 per acre. Additionally, Iowa farmland values have seen statewide declines in four of the past five years.
Iowa State University Extension and Outreach in Adair County is hosting a farmland leasing meeting to address questions that land owners, tenants, or other interested individuals have about farmland leasing.
The meeting will be held 9 to 11:30 a.m. Aug 21 at the Warren Cultural Center Auditorium, 154 Public Square, Greenfield.
Attendees will gain understanding of current cash rental rate surveys and factors driving next year’s rents such as market trends and input costs. Additionally, information on the 2017 Census, Farm Bill decisions, and how to consider conservation practices in lease agreements will be presented. A 100-page workbook will be included with each paid registration that includes land leasing information such as surveys, sample written lease agreement and termination forms, and many other publications.
Registration is $20 per individual or $30 per couple. Pre-register by calling Adair County Extension and Outreach office at 641-743-8412 by Aug. 19. Adair County Corn Growers and Adair County Farm Bureau are providing sponsorship for this meeting.