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Leasing Cropland

Kevin Dhuyvetter and, Terry Kastens (December, 2003)

Summary

Crop producers rely heavily on rented land in their farming operations. Because rented land is so important in farming operations, the rental arrangements between landowners and producers can have significant impacts on the risk and returns of those operations. Crop land is typically rented in one of three ways: (1) cash rent, (2) crop share, or (3) cash/share combination, with the majority in Kansas being crop share, followed by cash rent. This paper focuses on crop share and cash rental arrangements.