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    Establishing a Fair Pasture Rental Rate

    Jeff Fisher and, David Mangione (September, 2006)
    Summary

    Questions often arise as to what constitutes a fair rental price. Since there is not a commercial market for pasture, determining the price often becomes a matter of bargaining. Supply and demand is probably the most important factor in determining the price. If there is a large quantity of pasture available in a given area and very few farmers needing extra pasture, rents may be low. Likewise, if there were little pasture acreage for rent but many farmers needing extra pasture, rents may be bid higher.

  • Details

    Organization
    Ohio State University Extension
    Publisher
    Ohio State University
    Published
    September, 2006
    Material Type
    Written Material