Set yourself up for farmland rental success
J.P. Gervais, FCC Chief Agricultural Economist, explains how to create a positive farmland rental experience for both the landlord and the tenant.
- Landlords look for trust, reputation and care of land
- Maintain open communication and set expectations
- Determine type of rental contract and set price
- Do research and know your cost-of-production
- Get contracts in writing for clarity and reference