Landlords, farmers, and agribusiness professionals should make plans to attend one of the informative in-person meetings being held across Minnesota starting in October through December. These free meetings are being provided by the University of Minnesota Extension. Farm land rental rates are the largest input cost the farmer has, and determining a fair farm rental agreement is always challenging. Negotiating a fair rental agreement that satisfies both the land owner and the farmer is a challenge. David Bau, Extension Educator in Ag Business Management, will provide several ways how to do this at his in-person workshops; by examples, factsheets and worksheets to determine a fair farm land rental rate for both parties. Make plans to attend one of the upcoming meetings in the southwest: In Slayton: Thursday, November 2, 2023 beginning at 1:30 p.m.
Murray County Fairgrounds 4-H Building 3048 Broadway Ave., Slayton, MN 56172 In Pipestone: Wednesday, December 13, 2023 beginning at 1:30 p.m.
Pipestone County Emergency Management Building 811 5th St SE Pipestone, MN 56164 For a complete list of workshops being offered check out Extension’s website at: extension. umn.edu for all dates and locations. Attendees will receive several informative worksheets and factsheets that will help to determine what is a fair 2024 farm land rental rate.
The in-person meetings will be held from October 31st through mid-December 2023; there will also be follow-up zoom meetings scheduled regionally across the state starting in January. No pre-registration is required.
For more information contact: Melissa Runck, Agricultural Production Systems Extension Educator, Pipestone & Murray Counties, 507-825-1193, mkrunck@ umn.edu)
