K-State Extension, Post Rock District, Leasing Arrangements Survey
Extension Education
Sandra Wick
District Extension Agent, Crop Production
K-State Research & Extension
Smith Center
Abstract
Establishing equitable leasing rates and arrangements is a continual challenge of landowners and tenants in the Post Rock Extension District and north central Kansas. Sources for leasing information are fairly limited for area producers. The main objective of this survey was to provide local data for all landowners and tenants of the Post Rock Extension District and north central Kansas and to help them understand the different types of leases and equitable leasing arrangements. The survey was developed collaboratively with the District Crop and Livestock Extension Agents. The survey contained questions dealing with dryland cropland, pastureland and crop residue. Methods included randomly emailing/mailing to 75-85 landowners or tenants with an average return rate of 25%. Core questions were asked every year, with additional questions addressing needs. Careful consideration was taken to ensure that each township was represented on the survey distribution lists for each county. Survey data was compiled for analysis. Educational reports with survey data for each county and a summary for the district, was developed for disbursement. Results included Average dryland cropland rent $66/acre. Average pasture rent $24/acre. Average cropland residue rent $10/acre. Most common arrangements are 1/3, 2/5, or 50/50.Indicated sharing of yield-increasing inputs. Often, a significant portion (sometimes over 60%) of leases are oral, rather than in writing, which can lead to higher risks. Average continuous rental of the same land often lasts over 13 years. Primarily, one or two payments per year. Conclusions included regular communication with landlord/tenant is important for long-term arrangements. Higher input costs necessitated re-negotiations of leasing rates. Results indicated a sharing cost of fertilizer, herbicide and insecticide. Many types of leasing arrangements. High number of oral leases vs. written. Impacts included Transition from Verbal to Written: Survey highlighted the need for written leases, with nearly 90% of participants reporting a better understanding of the importance of documenting terms. Data-driven rates: Data provides reliable, up-to-date data on local land values and rental rates. Lease Type Selection: Survey results helped producers choose between cash rent, flexible, or crop share leases based on current commodity prices and input costs.
Poster has NOT been presented at any previous NACAA AM/PIC
This poster is being submitted for judging. It will be displayed at the AM/PIC if not selected as a State winner. The abstract will be published in the proceedings.
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Authors: Sandra Wick, Blaire Todd
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Wick, S. District Extension Agent, Crop Production, K-State Extension, Post Rock District, Kansas, 66967
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Todd, B. District Extension Agent, Livestock Production, K-State Extension, Post Rock District, Kansas, 67420