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, fact sheets, 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 meetings now. Attendees will receive several informative worksheets and fact sheets that will help to determine what a fair farmland rental rate is. The meeting will last between 1.5 and 2 hours. Pipestone: Friday, November 6th, 1:30 p.m.-3:30 p.m. Pipestone Minnesota West Campus 1314 N Hiawatha Ave Room 103, Pipestone, MN 56164 Slayton Friday, December 4th, 1:30 p.m.-3:30 p.m. The Murray County 4-H Building. 3048 Broadway Ave, Slayton, MN 56172.
Registration Link: https://z. umn.edu/2026PMLandRent If you have any questions, please don’t hesitate to reach out to Matti Blume, ANR Extension Educator – Murray & Pipestone Counties, email: boomg022@umn.edu or by phone – Slayton Office: (507)836-1143/ Pipestone Office: (507)-825-1193
