Pennsylvania Farm Package

Category:
State:
Multi-State
Control #:
US-P097-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package is designed to assist a farm owner in operating a farm, in matters such as employment, financial, and leasing transactions. The forms included are essential tools for promoting the farm's operation in a legally protected manner. Purchase this package and save 50% over purchasing the forms separately!



The following forms are included in this package:



Agreement to Manage Farm - This form is an agreement to manage a farm. The manager represents and acknowledges that he is an independent contractor. All persons engaged by manager to perform work pursuant to this agreement will either be independent contractors or employees of manager. This agreement is not one of agency by manager for owner, but one with manager engaged independently in the business of managing properties as an independent contractor.


Farm Hand Services Contract - This is an agreement between a farmer or employer and a farm hand whereby the employer hires the farm hand as an independent contractor to perform various farm related duties as agreed upon in the contract.


Farmer's Tax Guide - This is a free bonus publication providing detailed tax information related to farm operations.


Security Agreement with Farm Products as Collateral - In a security agreement, the debtor grants a "security interest" in the personal property in order to secure payment of the loan. Granting a security interest in personal property is the same thing as granting a lien in personal property. This form is a sample of a security agreement in farm products that may be referred to when preparing such a form for your particular state.


Farm Lease - This form is a lease agreement for farm land. The lessor will pay all ad valorem taxes assessed against the leased property. The lessee shall pay all taxes assessed against all personal property located on the premises and will also pay all privilege, excise and other taxes duly assessed. The lessee will pay the taxes when due so as to prevent the assessment of any late fees or penalties.


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FAQ

Pennsylvania Farmland Prices Over the last 20 years, the price of farmland per acre in pennsylvania has risen by an average of 4.7% per year to $8,620 per acre as of 2019. This represents an increase of $5,020 per acre of farmland over this time period. The values shown here only represent farmland appreciation.

#1. Corn. Crops are ranked by total annual value of production as of July 16, 2022.

At $155 per acre, the average rate to rent cropland in the United States in 2023 was $7 higher than in 2022. The average rate per acre for irrigated cropland was $237 (up from $227 in 2022) and non-irrigated cropland was $142 (up from $135 in 2022).

Ohio's cropland cash rent was $170.00 per acre in 2022, up $10.00 from the previous year. Cropland cash rents in the Corn Belt region increased $17.00 from last year to $223.00 per acre.

Separation is a division, by conveyance or other action of the owner, of land into two or more tracts of land that continue to be in Agricultural Use, Agricultural Reserve, or Forest Reserve. The tracts must usually be at least 10 acres in size and continue to meet the qualifications. No rollback taxes would be due.

The top crops are hay and corn, but the state ranks first nationally in production of mushrooms, producing approximately 443 billion pounds annually.

For 2022, the average farmland cash rental rate received by landowners in Michigan ranged from a low of $20 per acre in Alger and Delta counties, to a high of $231 per acre in Huron County for non-irrigated cropland based on producer survey results.

Pennsylvania's average rate is $101 per acre, while New York's is $77 per acre. The lowest cash rental rate average is in West Virginia at $41.50 per acre.

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Pennsylvania Farm Package