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Budgeting for a Pasture Rental Rate

Robin Reid and, Mykel Taylor (February, 2016)

Summary

(Instructions - Pasture Rental Rate Decision Tool) To look at a specific pasture and production scenario and determine a rental rate, K-State Research and Extension and the Department of Agricultural Economics has created the “Pasture Rental Rate Decision Tool”. This takes a budgeting approach to setting a rental rate by looking at costs both from the producer and landlord perspectives. It also considers three different pasture productivity scenarios and how stocking rate can effect what a cattle producer is able to pay for the pasture ground.

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Pasture Rental Rate Decision Tool