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Angie Peltier

Angie Peltier
Former Extension Educator, Commercial Agriculture

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Hill and Furrow

Current topics about crop production in Western Illinois, including field crops research at the NWIARDC in Monmouth.

December 16th webinar focuses on farmland rental rates from both the landlord and tenant perspectives

Any person that works at a local Extension office can tell you that at certain times of the year incoming phone calls are dominated by cash rent questions. These questions come from both parties that are negotiating rental rates: owners of farmland that aren't interested in farming it themselves and farmers looking to rent land to farm.

Although most land rental agreements for 2014 are already in place, it is never too soon to gather knowledge that can help in future negotiations.

At 11:30 AM on Monday, December 16th, an online seminar titled, "Farm Rental Rates: Setting them and Paying them" will be presented by University of Vermont Farm Business Management Extension Specialist Mark Cannella. This 30 minute seminar, followed by plenty of time for questions, will present information that can benefit both tenants and landlords.

According to the press release, this seminar will teach participants, "about the different ways to set rental rates for your own property or to evaluate the rates that are offered to you as a tenant." Mr. Cannella, "can't get into the details of each negotiation but you can learn about the basic methods that can be used when setting or paying rates."

For those unable to join the webinar live, a recording will be posted online soon after.


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