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ARS Home » Southeast Area » Auburn, Alabama » Soil Dynamics Research » Research » Publications at this Location » Publication #317426
Title: Cropland rental tool (CROPRENT) for agricultural producers

Author
item Duzy, Leah
item REEVES, JEANNE - Cotton, Inc

Submitted to: Journal of Extension
Publication Type: Peer Reviewed Journal
Publication Acceptance Date: 5/22/2015
Publication Date: 10/29/2015
Publication URL: http://handle.nal.usda.gov/10113/5490059
Citation: Duzy, L.M., Reeves, J.M. 2015. Cropland rental tool (CROPRENT) for agricultural producers. Journal of Extension [On-line]. 53(5):Article 5TOT7. Available: http://www.joe.org/joe/2015october/pdf/JOE_v53_5tt7.pdf.

Interpretive Summary: This article describes the Cropland Rental Tool (CROPRENT), which is a decision tool for comparing different cropland lease agreements, including flexible cash rents, for up to five crops and/or management systems. Flexible cash rents allow tenants and landowners to share in the risk associated with uncertain commodity prices and yields. With this tool, users can explore how different lease agreements impact their operation based on production expenses and price and yield data. The Cropland Rental Tool and accompanying User Manual are available for download.

Technical Abstract: This article describes the Cropland Rental Tool (CROPRENT), which is an Excel-based decision tool for comparing different cropland lease agreements, including flexible cash rents, for up to five crops and/or management systems. Flexible cash rents allow tenants and landowners to share in the risk associated with volatile commodity prices and uncertain yields. With this tool, users can explore how different lease agreements impact their operation based on current production expenses and historical, expected, and actual price, yield, and revenue data. The Cropland Rental Tool and accompanying User Manual are available for download.