Wondering what is acceptable to charge or pay for land rent in Minnesota? Determining a fair profitable farm rental agreement can be a challenge in today’s economy.
Extension farmland rental workshops help farmers, landlords and ag professionals determine a fair farmland rental rate for all parties. Presenters review historical rental rates throughout Minnesota and use data-driven decisions to help determine a fair value for land. Extension hosts free in-person workshops across the state as well as online webinars.
Workshops cover local historic and projected farmland rental rate trends and current farmland values and sales. We also walk through a worksheet to help participants create a fair rental agreement.
For more information, contact Dave Bau (bauxx003@umn.edu, 507-372-3900 x3906) or Nathan Hulinsky (huli0013@umn.edu, 320-203-6104).