This project addressed risk management issues associated with land/field assets on farm and ranch operations. Issues related to establishing an equitable rent-range, managing relationships with the landowner, considerations for the transfer of business interest in land to the new and/or beginning farmer, and introduction to alternative leasing arrangements were covered. The project was delivered through face-to-face workshops, each three hours in length, at nineteen locations across the state of Nebraska. Impact accomplished included a better understanding of the economics associated with the management of land assets and a working plan for managing rent-risk within the operation. This project was projected to reach a minimum of 400 participants with the actual number in attendance exceeding 727 individuals.
Over 66 percent of participants indicated that the information provided at the workshop increased their understanding of the landowner/tenant relationship and 67 percent indicated that the lease provisions and the use of a written lease were improved because of participation in the program.