Feb 4, 2015, 9:00am - 12:00pm
As farmers and landowners consider options to include in new or renewed land leases, understanding how to use data in negotiations and how to apply legal information to leasing practices could help make the process easier for both sides, experts say.
To help provide guidance and understanding of the financial and legal issues surrounding farmland leasing, Ohio State University Extension’s Agricultural and Resource Law program and Production Business Management program will discuss the topic during a workshop to be held in four sites around the state, said Peggy Hall, Ohio State University Extension’s agricultural and resource law field specialist.
The workshop, which will focus on factors affecting leasing options, is intended both for landowners and farm operators, said Hall, who is also an assistant professor for OSU Extension.
Topics to be covered during the workshop include:
- Factors affecting leasing options and rates.
- Evaluating cash rent survey data.
- Farmland leasing options: Fixed and flexible cash leases.
- Creating a legally enforceable lease.
- Legal provisions in farmland leases.
- Analyzing good and bad leasing practices.
Feb. 4 Fairfield County Workshop details:
- Feb. 4 from 9 a.m. to noon at the Fairfield County Ag Center, 831 College Ave., Lancaster, Ohio. Contact Stan Smith at 740-653-5419 to register. A program on the Farm Bill will follow the Farmland Leasing Workshop. Registration fee of $10 includes both programs.