Accounting for Risk: Agricultural Land Leases and Natural Disasters
According to recent findings from the USDA Agricultural and Resource Management Survey, agricultural land rent totaled $2.44 billion in Nebraska for 2018. The survey found rent as the third-largest farm and ranch production expense (USDA-NASS 2019). Natural disasters limiting the ability of farmers or ranchers to fully utilize rented land pose a financial risk to these operators.
The 2019 floods and related natural disasters lave left many landlords and tenants across Nebraska wondering how resulting damages will influence their agricultural properties. Contractual lease arrangements may have not fully accounted for these natural disasters. This article provides guidance on evaluating damages, considerations for remediating land issues, and natural disaster lease provisions.
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2019 Cornhusker Economics
- Accounting for Risk: Agricultural Land Leases and Natural Disasters By Jim Jansen and Jeff Stokes (August 14)
- 2018 Nebraska Top Efficient Farms By Tina Barrett (August 7)
- The Value of Grazed Corn Residue for Crop and Cattle Producers By Jay Parsons, Daren Redfearn and Mary Drewnoski (July 31)
- 2019 Nebraska Property Tax Issues By Dave Aiken (July 24)
- The World is in Better Shape than Most People Think By Wes Peterson (July 17)
- The Economic Evaluation of Input Use Prescription Maps: Are You Paying to Make Less Profit? By Taro Mieno and Grant Gardner (July 10)
- Cover Crop Utilization across Nebraska and Implications for Cropland Lease Arrangements in 2019 By Jim Jansen, Jeff Stokes and Jay Parsons (July 3)
- Dealing with Control of the Farm/Ranch By Allan Vyhnalek (June 26)
- Will “Matopiba” Change the Competitive Landscape in the International Grain Market? By Fabio Mattos (June 19)
- Expanding the Farm Income Safety Net By Brad Lubben (June 12)
- Nebraska Property Taxes and the 2019 Flood By Dave Aiken (June 5)
- Point-of-Decision Prompts and Cognitive Resources By Chris Gustafson (May 29)
- Four Steps to Improved Group Productivity By Cheryl Burkhart-Kriesel (May 22)
- North Central Extension Risk Management Education Center By Christine Lockert, Cheryl Griffith and Brad Lubben (May 15)
- A Successful Year for the Nebraska National Agri-Marketing Association By Austin Harthoorn, Kara Heideman and Rosalee Swartz (May 8)
- Examining the Capacity of Nebraska Rangelands for Cattle Production By Katie Cumming, Jay Parsons, Walter Schacht and Brian Baskerville (May 1)
- Nebraska Cooperative Development Center – Twenty Years Strong By Charlotte Narjes (April 24)
- Nebraska Strong - Social Capital in Action By Marilyn Schlake (April 17)
- The Impact of Different Data Processing Methods on Site-specific Management Recommendation By Taro Mieno, Joe Luck and Zhengzheng Gao (April 11)
- The Role of Insured Bushels and Pre-harvest Hedging for an Eastern Nebraska County Under Rain-fed Growing Conditions By Cory Walters and Richard Preston (April 3)
- Nebraska Women in Agriculture “Take Charge of Change” By Jessica Groskopf (March 27)
- Market Impacts of a Meat Tax By Regan Gilmore and Azzeddine Azzam (March 20)
- Nebraska Farm Real Estate Values Continue Gradual Declines in 2019 By Jim Jansen and Jeff Stokes (March 13)
- Things to Consider before Co-signing a Loan By Dave Aiken (March 6)
- 2019 Nebraska Property Tax-School Funding Issues By Dave Aiken (February 27)
- Three Key Factors to Balance when Choosing a Calving Season Based on Profitability By Matt Stockton and Devin Broadhead (February 20)
- Negotiating Cash Rent: What It Takes to Negotiate Like a Pro By Austin Duerfeldt (February 13)
- Per-ingredient Calorie Information Reduces Calories Ordered More in a Food-Away-from-Home Setting than Information Provided per Item By Chris Gustafson and Eliana Zeballos (February 6)
- Tax Strategies for Farmers and Cooperatives under the New Section 199A By Greg McKee (January 30)
- Trends in Nebraska Agricultural Land Ownership and Rental Patterns By Jim Jansen, Jay Parsons and Kate Brooks (January 23)
- Avoid Family Trouble when Planning Farm/Ranch Succession By Allan Vyhnalek (January 16)
- Examining Preferences for Rural Living and How to Save the Rural Economy By Becky Vogt (January 9)