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Workshop

Flexible Leases for Farmland Workshop

A workshop on understanding, developing, and implementing flexible and alternative cash leases.

Date:
Time:
1:30 pm
Pinnacle Bank (east)
210 23rd St E
Columbus NE 68602
Flexible cash leasing is not new to Nebraska or agriculture in general. These provisions, often inserted into new and existing cash leases are designed with two purposes in mind:
• Provide risk management options for those renting agricultural land
• provide potential for added rent income for those owning agricultural land

This is done by providing a means for the final rent to adjust up or down a controlled amount in response to price, yield, and income movements on the farm/ranch, state, or nationally. The objective of this program is to provide practical information and strategies in using these tools, as well as practice in crafting and analyzing your flexible lease alternatives.

Topics we will cover include:
• What are flexible and alternative leases?
• How do they adjust to changes in price and yield over time?
• What are the options available to users?
• How do you manage price and yield variable selection?
• How do you calculate what is really owed in rent?
• What should be included in calculating a flexible rent?
• How can I use software or apps to help me choose which provisions work best on my farm or ranch?

For more information or assistance, please contact Allan Vyhnalek, Extension Educator, Nebraska Extension in Platte County. Phone: 402-563-4901 or e-mail avyhnalek2@unl.edu

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This event originated in jgroskopf2’s Event Publisher.