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What’s a fair cropland rental rate?

“What should I pay for land rent?”  This is a common question received by lenders and other ag professionals this time of year.  The problem is, there’s no easy answer.  Often times farmers get the response of, “it depends”.  What if there was a...

MN Crop Land Rental Rates Continue Downward Trend

Over the last five years, the average land rental rates across Minnesota have declined by twelve percent. This includes a one year decline from 2017 to 2018 of 1.6%. This information is based on weighted average data from the FINBIN farm financial database. The...