Illinois Crop-Share Cash Farm Lease - FarmDoc 2025

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The document is an Illinois Crop-Share Cash Farm Lease template that outlines the terms and conditions for leasing agricultural land between a Landowner (Lessor) and a Tenant (Lessee). It includes sections on the description of the rented land, division of crops, cash rent payments, responsibilities of both parties, management procedures, default provisions, and additional lease provisions. The lease emphasizes the importance of legal consultation and provides guidelines for modifications and extensions.

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Click ‘Get Form’ to open the Illinois Crop-Share Cash Farm Lease in our editor.
Begin by entering the date and names of both parties involved: the Lessor (Landowner) and Lessee (Tenant). Ensure you include their exact names and mailing addresses.
In Section 1, provide a detailed description of the rented land, including its location and size. Specify the length of tenure for the lease.
Move to Section 2 to outline the division of crops. Fill in the share rent details for each crop type listed, ensuring accuracy in percentages.
Complete Section 3 by detailing investments and expenses. Clearly indicate what each party will contribute towards various operational costs.
Review Sections 4 through 6 carefully, ensuring all duties, management procedures, and default terms are clearly understood and agreed upon.
Finally, sign and date the document at the end. Make sure both parties have identical copies for their records.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much does farmland lease for in Illinois?

The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2024 at $269 per acre, up by $10 per acre from $259 per acre for 2023 (see Figure 2). The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020.

What is a 1 3 2 3 crop share agreement?

Crop share In some cases a 1/3 to the landowner and 2/3 to the tenant agreement is used but in this this case the landowner would be expected to pay for 1/3 of the seed, fertilizer and chemicals cost for producing the crops.

How to calculate crop share?

Both parties should share in total returns in the same proportion as they contribute resources. This principle implies that if a landlord contributed 50 percent of total resources and the tenant 50 percent, then a sharing of the crop 50/50 would be equitable. All inputs should be valued, including management and risk.

What is a 1 3 2 3 crop share?

Cash-rent tenants means a producer who rents land from another producer or landowner for a fixed cash amount or fix quantity of crop or crop proceeds.

How does a 60/40 crop share work?

There are a few 60-40 leases in which the landowner receives 60 percent of the crops and pays 60 percent of the operating costs, but as a general rule the smaller share, 1/3 or 40 percent, is the portion of the crop which goes to the landowner.

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What are common mistakes to avoid in farm lease agreements?

Farm Land Lease Contracts Common mistakes to avoid when creating a lease contract include vague or incomplete language, failure to address potential disputes, and overlooking important details such as payment schedules and renewals.

Illinois Crop-Share Cash Farm Lease - FarmDoc 2025

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How much does farmland lease for in Illinois?

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What is a 1 3 2 3 crop share?

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