FairRent is a web application to help producers and landlords evaluate alternative land rental arrangements. It is free to use and has several features that were not available in the desktop version that CFFM distributed for over 20 years. In addition to traditional cash and share lease arrangement, FairRent includes the option to evaluate seven different flex lease arrangements as described on the North Central Farm Management Extension Committee´s AgLease101.org website. It also evaluates how crop insurance impacts downside risk for the producer. This session will provide a quick overview of FairRent with a look at example results for several flex lease alternatives.
|Conference||2016 National Farm Management Conference|