Landowner vs. Tenent: Why Are Land Rents So High

Kevin C Dhuyvetter and Terry L Kastens ( August, 2002 )

Summary

Many factors affect crop land rental rates, thus understanding why rental rates and terms vary is a complex issue. The results of this analysis suggest that above-average producers can economically justify bidding up rents even during time when average producers might be losing money. Thus, the answer to the question why are land rents so high may simply be "because there is competition in agriculture and the market is working."

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Organization

Kansas State University Research and Extension

Publisher

Kansas State University

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96

Material Type

Written Material