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Useful K-State report deals with cropland rental rates

Another crop production season looms ahead and producers and landlords should be in the process of making their cropland leasing arrangements. That’s where a new report from Kansas State University can be quite useful. Every year, the agricultural economics department at K-State releases its Kansas County-Level Cash Rents for Non-Irrigated Cropland summary. It serves as a baseline for negotiating cropland leases, as K-State agricultural economist Mykel Taylor explains.

Mykel Taylor Audio

These cash-rent estimations bring it down to the local level, not as an absolute going rate, but as a guideline for lease agreements.

Mykel Taylor Audio

The numbers from this report can contribute to the conversation that Taylor urges producers to have with their landlords on making any necessary changes to rental rates in accordance with current crop production economics.

The 2019 Kansas County-Level Cash Rents for Non-Irrigated Cropland report can be found at www.agmanager.info.

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