Meetings to be held in Alexandria, New York Mills

Farmland rental rates are the largest input cost the farmer has.

Landlords, farmers, and agri-business professionals should make plans to attend one of the free informative meetings held across Minnesota. Negotiating a fair rental agreement that satisfies the landowner, and the farmer is a challenge. Examples, factsheets, and worksheets to determine a fair farmland rental rate for both parties will be provided. 

Pre-registration is not necessary.

Topics covered at the meetings will include local historic and projected farmland rental rate trends, current farmland values and sales, and a worksheet that will help determine a fair rental agreement. Input costs will be presented along with current corn and soybean prices.

Worksheets will examine costs and what is affordable rent that a farmer will be able to pay, the rate of return to the landlord at current market values and examine flexible rental agreements.

Make plans to attend one of these local meetings now. Attendees will receive several informative worksheets and fact sheets that will help to determine what a fair farmland rental rate is. 

The meetings will last between 1.5 and 2 hours, and are free to attend.

Thursday, Nov. 13 – 9:30 a.m. and 1:30 p.m. – Douglas County Public Works Meeting Room – 526 Willow Drive Alexandria MN 56308.

Friday, Nov. 14 – 9:30 a.m. – New York Mills county office building downstairs meeting room – 118 North Main Ave, New York Mills, MN 56567

For more information on the workshop, please call or email Nathan J Hulinsky, (218) 828-2680 or huli0013@umn.edu.