Nebraska Farm Lease or Rental - Short

State:
Multi-State
Control #:
US-60960
Format:
Word; 
Rich Text
Instant download

Description

This form is a farm land lease. In the event of the failure by the lessee to promptly pay any of the annual rentals, then and in that event this lease will automatically terminate and all rights granted will be null and void. The lessee will have exclusive use of all sheds and barns located on the leased property during the term of the lease.

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FAQ

Farmland rental rates in Nebraska can range from $150 to $300 per acre annually, depending on factors such as soil quality and location. Understanding these rates helps both landowners and farmers negotiate favorable terms in their Nebraska farm lease or rental agreements. It's important to assess local market trends to make informed decisions.

Averaged $58.00 per acre, up $4.00 from 2020. Grundy County had the highest cash rent for non-irrigated cropland, at $276.00 per acre, followed by Butler County at $264.00 per acre.

Nebraska Farmland Values and Cash Rental Rates The market value of agricultural land in Nebraska increased by 16% over the prior year, to a statewide average of $3,360 per acre, according to the preliminary report from the University of NebraskaLincoln's 2022 Nebraska Farm Real Estate Market Survey.

Pasture rent may range from 1.5 to 2.0 percent of market value. For example, pasture with a sale value of $3,600 per acre will rent from $54to $72per acre ($3,600 x 1.5% to 2.0% = $54to $72).

Rent Paid for Agricultural Land At $139 per acre, the average rate to rent cropland in the United States in 2020 was $1 lower than in 2019. The average rate per acre for irrigated cropland was $216 (down from $220 in 2019) and non- irrigated cropland was $126 (down from $127 in 2019).

The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased, on average, by 4.5 percent in 2021 to $232 per acre (Plastina and others, 2021).

The highest average rate is in the Northern District at $63 per month with the central region around $59 per month. Projecting these rates over a five-month grazing period, it will cost an average of $195 to $315 dollars to graze a cow-calf pair for the summer in Nebraska. Remember that these are only averages.

Rental yields of a residential property vary between 2.5 percent and 3.5 percent of the market value of the property. For instance, if the market value of your property is Rs 30 lakh, its rental value will range between Rs 7,5000 and Rs 10,5000 and monthly values will differ from Rs 6250 to Rs 8750.

Nebraska Farmland Values and Cash Rental Rates The market value of agricultural land in Nebraska increased by 16% over the prior year, to a statewide average of $3,360 per acre, according to the preliminary report from the University of NebraskaLincoln's 2022 Nebraska Farm Real Estate Market Survey.

Cropland rental rates released by the USDA National Agricultural Statistics Service averaged $233 per acre in 2021, a 1.3% increase from 2020. Cash rent for pasture was 7.4% higher at $58 per acre.

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Nebraska Farm Lease or Rental - Short