Landowner issues to take spotlight Aug. 30
Gary Schnitkey, specialist for University of Illinois Farm Management Extension, and other speakers will provide an informative education on how landowners can determine cash rents. Other alternatives like crop share and custom farming will be discussed.
“Volatile” and “Uncertain” are two words that might best describe grain prices and input costs for row crop production heading into the 2013 planting season.
With this increased volatility and uncertainty, risk increases for producers and more uncertainty arises about the amount of cash rent to pay.
On the other side of the negotiating table, landowners, seeing higher profitability in recent years for commodity crops, are possibly seeking higher cash rents. So, just what is that “most equitable” cash rent amount and how can it be maintained from year to year or contract to contract?
This program will be held from 9 a.m. to 11 a.m. Thursday, Aug. 30, 2012 fat University of Illinois Extension, Grundy County, 4004 N. Division, Morris.
Cost to participate is $10. Pre-registration and fee is required by Aug. 27, 2012.
For information, contact the extension office at (815) 942-2725 or visit http://web.extension.illinois.edu/gkw.