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Commonly Asked Questions about Farm Lease Agreements

Cash rents for all three land grades top, average and poor exceeded previous highs for cash rent in Indiana set in 2013, 2014 and 2021. Yet, percentage wise, cash rent for top-quality land was up only 1.99%, at $306 per acre. Cash rent for average land went up 2.09%, to $257 per acre.
Nearly 40 percent (353.8 million acres) of all U.S. farmland is rented or leased, and 80 percent of all rented farmland is owned by non-operator (non-farming) landlords.
An Agricultural Leasehold Contract in the Philippines is a binding between the (lessor) and the (lessee) that allows the to and the land for in for terms as rent, duration, and conditions.
Normally these agreements are ongoing for multiple years based on a simple written agreement. A cash rent arrangement could be as short as one growing season in length which then requires renewal each year.
virginia Farmland Rental Rates Over the last 20 years, farmland rental rates per acre in virginia have risen from an average of $36 per acre in 1999 to $68 per acre in 2019. This represents an increase of $32 over this time period with an average implied capitalization rate of 1.1%.
The statewide average for pastureland was $8.50/acre, which is up from $7.70 last year. The highest pastureland rental rates were reported in Falls County at $24.50/acre, Red River County at $23.00/acre, and Matagorda and Lamar Counties each at $22.50/acre.