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CONSIDER ALL FARM LEASE OPTIONS BEFORE SEPTEMBER 1ST DEADLINE
Source: Iowa Chapter of American Society of Farm Managers and Rural Appraisers (ASFMRA) sent via AgPR--the news distribution service for agriculture

Ames, Iowa - Professional Farm Managers can play a key role in aligning farm owner and farm operator objectives heading into next years farm leasing season.

As landowners and farmers look to the next growing season and balancing farm returns, risks and sustainable conservation practices, there are a number of farm lease types to consider that can align farm owners and operators in the short and long term. If a farm owner or operator want to make some changes to their existing lease, one of the parties must send notice to the other by September 1 according to Iowa Law.

A critical place to start is to decide whether the landowner and renter want to change the terms of their existing lease (rates, improvements, payment timing, etc.). If so, the present lease must be terminated by September 1, 2020, according to Iowa law.

The Iowa Chapter of the ASFMRA has published a report discussing various farm lease types and their benefits from a landowner and farmer perspective. With tougher crop market conditions and an increasing push to implement sustainable practices on farms, landowners and farm operators have options that set them up for longer term success.

The report was prepared by Chad Hertz, Executive Vice President of Operations at Hertz Farm Management in Nevada, Iowa. He is a third generation Accredited Farm Manager at Hertz and has worked with landowners, farmers and technology as a member of the Iowa Chapter for 26 years.

To request a copy of the report email iowaASFMRA@gmail.com or connect with an Accredited Farm Manager (AFM) in your area here.

Professional Help from ASFMRA Members

Members of the Iowa Chapter of the American Society of Farm Managers and Rural Appraisers (ASFMRA) work with close to 2 million acres across Iowa. They are experts in helping landowners and farm operators achieve their objectives with their farm leases.

An ASFMRA Accredited Farm Manager (AFM) has a minimum of 4 years of experience, completed a rigorous education program and a comprehensive exam. The AFM designation represents the highest level of professionalism and commitment in the professional farm management industry.


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