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Farmland Leasing In South Dakota 2011: Emphasis On Share Lease Arrangements, Nelly Bourlion, Larry Janssen, Burton Pflueger
Farmland Leasing In South Dakota 2011: Emphasis On Share Lease Arrangements, Nelly Bourlion, Larry Janssen, Burton Pflueger
Economics Staff Paper Series
Farmland leasing is an important source of capital and method of controlling land resources in production agriculture allowing land owners and tenants flexibility to enhance, maintain or expand their income-generating capacity. In this report, we (1) provide information on the importance of farmland leasing in South Dakota, and (2) update information on crop-share leasing and hay-share leasing arrangements in South Dakota, based on a survey conducted in 2011. Farmland leasing is important in South Dakota where over 70% of farm operators are involved in farmland leasing and nearly two-fifths of agricultural land acres are leased. Leased farmland acres comprise even …