Farmland Information

Information about farmland including leasing, both crop-share and cash rent.

• Basic Issues on Leasing Fact Sheets
  Farm Business Management Educators have prepared fact sheets covering basic issues related to farmland leasing.
  
  
• USDA Risk Managment Agency Price Reporting
  Use this page to find the Base Price for corn and soybeans for use in calculating percentage rent.
  
  
• Cash Rent Forms Available!
  
  
• Cash Rent Values for Illinois
  
  
• Crop Share Lease Forms Available!
  
  
• Farm Owner's Death: Can Tenant Continue Farming Under The Lease?
  This article summarizes the right of an Illinois farm tenant to continue operating the farm under the existing lease after landowner dies.
  
  
• Farmland Valuation - Bulletin 810
  Published in 2000, Bulletin 810 "Average Crop, Pasture, and Forestry Productivity Ratings for Illinois Soils" contains crop yield estimates for known soil types in Illinois. Bulletin 810 replaces Circular 1156, beginning with the assessment calculated in 2004.
  
  
• Farmland Valuation - Bulletin 811
  Bulletin 811 "Optimum Crop Productivity Ratings for Illinois Soils" contains crop yield estimates for known soil types in Illinois. Bulletin 811 is a supplement to Bulletin 810.
  
  
• Flexable Cash Leases
  Commodity prices likely will be more variable over the next several years than in previous years. Variable commodity prices cause difficulties in setting cash rents as farmland returns will vary because of commodity price changes. Flexible cash rent leases may aid in setting rents in a variable commodity price environment.
  
  
• Fourth Year In A Row Of Double Digit Increases For Illinois Farm Real Estate Values
  Each year the National Agricultural Statistics Service of the USDA releases estimated average farm real estate values and cash rents by state.
  
  
• Should a Farm Lease Be Written and is an Illinois Farm Tentant Protected If the Lease is Oral?
  This article discusses why it is generally wise to have a written lease, and also describes how the law protects a farm tenant even if the lease is not in writing.
  
  

You will need the free Adobe Acrobat Reader to download files.

<< Return to Agriculture & Natural Resources