Farmland Leasing Workshops set for 14 locations in N.D.

Farm Forum

Landowners, renters and other agribusiness professionals with an interest in farmland ownership, management and leasing should consider attending a farmland leasing workshop sponsored by The North Dakota State University Extension Service. Workshops scheduled for January through March are:

Jan. 8, 9:30 a.m., Lake Region Roundup, Devils Lake

Jan. 9, 9:30 a.m., Lake Region Roundup, Devils Lake

Jan. 10, 9 a.m., North Central Research Extension Center, Minot

Jan. 15, 1 p.m., Carrington Research Extension Center

Jan. 16, 1 p.m., Burke County Courthouse, Bowbells

Jan. 17, 9:30 a.m., Dakota Farms meeting room, Rugby

Jan. 23, 9 a.m., City Hall, Forman

Jan. 23, 1:30 p.m., Fireside Restaurant, Ellendale

Jan. 28, 1 p.m., McKenzie County Courthouse, Watford City

Jan. 29, 9 a.m., Divide County Courthouse, Crosby

Feb. 11, 1 p.m., Morton County Fairgrounds, New Salem

Feb. 12, 9:30 a.m., Civic Center, Beulah

Feb. 13, 1 p.m., American Legion, Finley

Feb. 19, 1 p.m., Walsh County Extension office, Park River

March 7, 9 a.m., Winter Show Building, Valley City

Rising land values, strong commodity prices and high production costs have made it more difficult for operators and landowners to successfully determine appropriate farmland lease arrangements. The workshops are offered to help landowners and renters identify and manage the risk associated with rental agreements.

Dwight Aakre and Andy Swenson, Extension farm management specialists, and Willie Huot, Grand Forks County Extension agent, will be the main presenters.

One of the topics is a historical perspective on farmland values and rents. Concepts and practical examples of how to determine equitable rents also will be presented. The main session will help participants better understand different rental arrangements, such as cash rent, share rent and flexible cash rent.

There will be a session on how producers can improve their land rental negotiations by enhancing the communication process with landowners. This includes the use of resumes, portfolios and frequent communications to keep landowners informed and educated about their operation and vision for a particular tract of land.