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Some Questions to Consider with Your Farm Lease

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Some Questions to Consider with Your Farm Lease

Posted On: July 31, 2018 by Home State Bank in: farm lease, General

Some Questions to Consider with Your Farm Lease By: Gerry Stein Lease Type: If you are currently using a cash rent lease, have you considered implementing a flex-lease arrangement? Cover Crops: Does your operator use cover crops on your farm land? If so, is there a provision in your current lease that addresses cover crop costs? What federal and/or state incentives or cost-share programs might be utilized? Soil Health: Is a soil testing/sampling schedule part of your soil health plan? How often should sampling be done on your land? What type of sampling should be done? Should the cost be incurred by the landowner, by the operator, or shared? Soil Health and Water Quality: Is there a need to initiate or improve soil conservation practices to promote soil health and lessen the impacts of soil erosion and nutrient loss? What is your role as landowner, what role can and should the farm operator have? A final reminder: The lease termination deadline is September