2013 LOGAN COUNTY FARM OUTLOOK MAGAZINE LINCOLN DAILY NEWS.com October 25, 2013 Page 17
on expectations of 2014 cash rents. Overall, 2014 cash
rents are expected to be slightly below 2013 levels.
The continuing movement away from share-rent leases
to cash-rental arrangements is likely not because of
financial returns. On the contrary, share-rent returns on
average continue to remain higher than those of cash-
rent operations. Looking at the data released by official
organizations, it seems that farmers are likely moving
toward cash-rent agreements in order to retain more of
the return generated by the land they work.
In addition, it is suggested by researchers at the
University of Illinois Agricultural Department that a
simpler cause may be an aging farming population that
prefers the simpler bookkeeping that comes with cash-
rent agreements.
Articles cited:
Comparison of share-rent returns
with cash rents will continue to
be of interest in the future. If
the current data provides any
indication, it is likely that in an
effort to find success, farmers
renting land will continue to move
to cash-rent practices.
