Slumping farm incomes make it tough to set cash rents
With corn and soybean prices sharply lower and many Iowa farmers squeezed by tight or negative cash flows in 2015, landlords and tenants are going to have a difficult time setting cash rental rates on farmland for 2016, an Iowa State University (ISU) Extension farm management specialist predicted last week.
"I think that cash rents are going to be harder to negotiate for 2016 than in any of the 16 years that I’ve been in this position," ISU’s Steven Johnson said. "The cash commodity prices that we are seeing now are just not going to cover the...
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