Missouri Farm Lease Class
There will be a Farm Lease program on February 24th at multiple sites. Some of the issues to be covered include: when should a tenant pay rent, how and when can a current lease be terminated, who pays for fertilizer or lime, and current rental rates. The program will be from 6:00 to 9:00 p.m. at the Forage Systems Research Center, 21262 Genoa Road, Linneus; Randolph County Extension Center, 509 W Reed, Moberly; Adair County Extension Center, 503 E Northtown Road, Kirksville; and Shelby County Extension Center, 106 E 3rd Street, Shelbyville. Pre-registration is required by noon on February 21st.
“Farm leases are a popular topic given current cash rent levels and volatile crop prices. Landlords and tenants need to understand the terms and expectations to develop a satisfactory agreement for both parties” said Darla Campbell, agriculture business specialist with University of Missouri Extension and one of the workshop presenters. “There are many issues both farm landlords and tenants need to be aware of and this program is designed to address these issues” according to Campbell. Topics that will be discussed during the class include: current cash rents in Missouri and trends, which items to discuss and include in a lease, terminating a farm lease – when and how to do it legally, recreational (hunting) leases – what you should be aware of and livestock and crop share arrangements – keeping them fair for both sides.
University of Missouri Extension will teach the program. The instructors will include a team of ag business specialists, who have worked with both tenants and landlords for many years. The program will be presented by distance learning so the audience can see and interact with all the instructors as well as the other sites.
Contact the Schuyler County Extension Center at (660)457-3469 or email@example.com for fee information or if you would like to register to attend. University of Missouri Extension programs are open to all interested persons.
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