Iowa State University Extension and Outreach is conducting farmland leasing meetings across many different locations in Southeast Iowa during July and August 2022. Meetings are coordinated by county ISU Extension and Outreach offices.
The discussion will focus on various methods to determine a fair 2023 cash rental rate and the importance of good tenant/landlord communications. In addition, a brief economic outlook will be presented along with a look at farmland prices and trends in cash rents. How and when to terminate a farmland lease, where do cover crops fit in, current costs of production, etc. will also be discussed. According to the Cash Rental Rates for Iowa – 2022 Survey released in mid-May, the average 2022 cash rent statewide is $256 per tillable acre, a slight increase from $232 in 2021. Average cash rents have been slightly increasing the past 4 years.
The Henry County meeting will be held on August 24, 2022 at the Henry County Extension Office, located at 127 N. Main Street in Mt. Pleasant, beginning at 9 a.m. with doors open at 8:30 a.m. The meeting will last approximately 2 ½ 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 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 22, 2022.
For a list of meetings statewide, check the ISU Extension calendar for a meeting near you at Meetings | Ag Decision Maker (iastate.edu).