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Cash Rent Information

Disclaimer
These forms are samples only.  This information is designed only to provide information to assist clients in making decisions on determining fair cash rent.  It is recommended that the advice of a legal professional be sought in entering into any contract.

Form: Cash Farm Lease (with Flexible Provisions) .pdf
Summary: This form can provide the landlord and tenant with a guide for developing a cash rent agreement to fit their individual situation.
Accompanying Material: Fixed and Flexible Cash Rental Arrangements for your Farm, NCR-75 ($4.00).
This publication is written to help tenants and landlords develop fair cash-rent arrangements and assist them in making sound decisions based on a fair evaluation of resources. It addresses whether a fixed cash-rent lease arrangement should be used and explains how to develop a fair fixed cash rental rate.  Revised, 1997. To order visit MidWest Plan Service at  https://www.mwpshq.org/catalog.html or to purchase and download visit https://www.mwpshq.org/download.html

Form: Crop-share or Crop-share/Cash Farm Lease .pdf
Summary: This form can provide the landlord and tenant with a guide for developing a crop share agreement to fit their individual situation.
Accompanying Material: Crop-share or Crop-share/Cash Rental Arrangements for your Farm, NCR-105 ($4.00).
This publication helps tenants and landlords develop fair crop-share arrangements and assists them in making sound decisions based on a fair evaluation of resources. It addresses the relative advantages and disadvantages of crop-share leases and explains how to deal with buildings, pasture, and other cropland in arranging a crop-share lease. The publication includes a sample lease form. To order visit MidWest Plan Service at https://www.mwpshq.org/catalog.html or to purchase and download visit https://www.mwpshq.org/download.html

Cash Rent Calculator

To use the calculator, please enter your corn and soybean yields below then click on the "Calculate Cash Rent" button. 

It's best to enter a multiple-year average corn yield and a multiple-year average soybean yield.

You may enter whole numbers (i.e., 140), or numbers with up to two decimals (i.e., 140.46).

The calculator below is designed for a corn/soybean rotation. If wheat is in the rotation, subtract $4.00 per acre from the result.

Corn Yield:  bushels/acre
Soybean Yield:  bushels/acre
Cash Rent $ per acre
This calculation is provided as reference only. It is not intended for, nor provided to be used as an actual cash rent.

Use the calculated answer as a starting, or reference point. Final cash rent will be determined by mutual agreement of all parties involved. 

Calculator was developed by Chris Bruynis, Wyandot County Extension Agent, and Bill Hudson, Marion County Extension Agent (see footnote below). 

Footnote:
Bruynis, C.L. and W.E. Hudson, "Farmland Rental Rates: Factors Important to Northwest Ohio." 83rd Annual Meeting, National Association of County Agricultural Agents, Poster Session. San Antonio Texas, July 1998. The complete report is available in a .PDF file by clicking the title below:

Land Rental Rates: Survey Results and Summary

Note: you will need Adobe Acrobat Reader loaded on your computer to read this study.  You can download the free software by clicking here.

All educational programs conducted by Ohio State University College of Food, Agricultural, and Environmental Sciences are available to clientele on a nondiscriminatory basis without regard to race, color, creed, religion, sexual orientation, national origin, gender, age, disability or Vietnam-era veteran status.

Keith L. Smith, Associate Vice President of Ag. Admin, and Director, Ohio State University Extension.TDD # 1 (800) 589-8292 (Ohio only) or (614) 292-1868