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Cash rent as a percentage of crop revenue sometimes is used as a benchmark for setting cash rents. These percentages were higher in 2000-2005 than from 2006-2013. If cash rents do not decrease in 2015, projections indicate that 2015 cash rents percentages will be near 2000-2005 levels. At those levels, however, farmers are projected to have losses. Lowering rents to levels where farmers have no losses results in projected cash rent percentages near 2006-2013 levels.
Publisher | farmdoc |
Publication Date | August, 2014 |
Publication Views | 993 |
Material Type | Website |