Audio: Putnam County’s Joe Koenen talks farm leases

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Putnam County University of Missouri Extension Business Specialist Joe Koenen of Unionville says corn went down about $150 to $175 dollars per acre.

He says he has talked to producers who have been successful with new leases and suggests owners and renters look for a middle ground as well as those renters communicate regularly with landlords.

 

 

Koenen adds renters should take their average yields and income from the last five years into consideration when negotiating.

Koenen says the United States Department of Agriculture and Extension also put out average cash rental rates.


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