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Panel to Address Types and Trends in Farmland Leases

Trends and types of current farmland lease models will be the subject of a panel discussion during the 2012 Illinois Land Values Conference to be held March 22 at the Parke Hotel and Conference Center here. The event is being sponsored by the Illinois Society of Professional Farm Managers and Rural Appraisers.

“The continuing rise in the cost of productive farmland, along with the volatility in the prices being paid for commodities, has resulted in some real creativity in the types of farmland rents and leases that are being drawn up between land owners and tenants,” says Don McCabe, AFM, overall chairman of the annual Land Values project put on by the Society. “We know there is a tremendous amount of interest in what’s being paid across the fence and down the road, so we’ve put together a group of professional farm managers who will address the subject during this year’s conference,” he says.

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