Jim Jansen from the University of Nebraska-Lincoln, joins Michael Langemeier to discuss cash rent considerations for irrigation, pasture, and hay leases. They provide factors affecting cash rent including maintenance costs, insurance, and land productivity and emphasize the importance of clear lease agreements. This episode highlights terms related to the three P's of irrigation: pivot, pump, and power; the big three in pasture: fencing, water supply, and controlling noxious weeds; as well as cow-calf pairs and hay cash rental calculations.  Offering practical advice for both landlords and operators on fair rental agreements.

You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/NbMwKl2w2GY to subscribe and watch.

To learn more about Indiana's 2025 farmland cash rental rates, listen to episode #195 on the Purdue Commercial #AgCast. https://purdue.ag/agcast

Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast197.

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For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer.