Plastina: Increase in farm cash rental rates

July 23, 2021

Alejandro PlastinaAlejandro Plastina, associate professor, was interviewed for a July 23 Wallaces Farmer story, "Farm leasing, negotiation, termination and high commodity prices."

This year, because of the increase in cash rental rates, due to increased commodity prices, the proper process for farm lease termination needs to be addressed. According to the most recent Iowa State University Cash Rent Survey, rates increased, on average, by 4.5% in 2021 to a statewide average of $232 per acre. Alejandro Plastina, an ISU Extension economist and professor, remarked that this is the first substantial increase in cash rents since 2013. Many Iowa landowners and tenants will be attending the ISU Extension Farmland Leasing workshops in August and will gain valuable information on farm leasing, termination and new trends.

A report comparing 11 private voluntary programs by Plastina and graduate student Oranuch Wongpiyabovorn was cited in a July 28 Ag Web story, "Clarity in Carbon Marketplace Needed, say Iowa State and EDF Reports." 

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