Completed Project Report


Improving Land Leasing Skills for Kansas Landlords and Producers

  • Award Amount: $45,372
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2010 Unrestricted Grants
  • Project Director:
  • Email: kcd@ksu.edu
  • Organization: Kansas State University, Department of Agricultural Economics

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Project Overview

Price volatility in recent years, particularly in the grain markets, has led to difficulties for landlords and tenants to successfully determine and negotiate appropriate rental arrangements. A series of six day-long workshops will be developed and offered throughout Kansas. Each workshop will be comprised of four parts. The first part will help participants better understand different possible rental arrangements, including cash rent, share rent, and the recently popular flex-rent arrangement, where rental rates can “flex” depending on changes in prices, yields, or both. The second part will include a discussion of ethics of leasing. The third section will provide computer training in using Excel spreadsheets, a skill that is often lacking for producers. Finally, participants will be introduced to examples of alternative leasing scenarios and a decision-making tool, KSU-Lease, will be demonstrated. Participants will then have the opportunity to sharpen their newly acquired skills via hands-on computer application sessions.

Number of Participants: 276

Outcomes

Project Steps

PROMOTIONAL MATERIALS

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EDUCATIONAL MATERIALS

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DELIVERY AREA

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