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Trends shift in farmland lease agreements

Oct 5, 2021
Oct 5, 2021 Updated Oct 8, 2021

Illinois Farm Business Farm Management (FBFM) classifies leases as cash rents or share rents, with flexible cash rents falling in the cash rent category. For example, 49% of the leases were classified as cash rent in northern Illinois in 1994, meaning that the remaining 51% of leases were share leases.
Graphic courtesy University of Illinois farmdoc daily

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Editor’s note: The following was written by Gary Schnitkey, Nick Paulson and Krista Swanson with the University of Illinois and Carl Zulauf with Ohio State University for the farmdoc daily website Sept. 28.

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