Iowa Land Management & Real Estate Company
415 A Avenue
Vinton, IA 52349
319.472.5353
Licensed in the state of Iowa & Illinois
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Land Management
Leasing Iowa Farm Land
There are many types of leases used in Iowa land management. They vary as to the amount of reward vs. risk. That said, risk is better managed each year with the risk tools that are available in today’s production agriculture business.
The company currently has in place “straight cash leases”, crop-share leases, custom arrangements, and many forms of “flex” leases. We are the originator of the “equitable cash lease”.
As part of the farm management plan that is prepared, recommendations are made as to the type of lease that best fits the operation. This recommendation incorporates the client’s goals and objectives as they relate to the type of farm the client has. Obviously, the final decision as to the lease type is the clients.
Straight cash lease rates are determined from “ the market “. Setting cash rental rates on Iowa farm land is done by the producers by the rents they offer. The objective is to lease the property for every penny it’s worth…….not a penny more, or a penny less, than the “market rent”.
Management Objectives
The first objective of management is to make farm ownership more rewarding for the client. The company strives to quickly achieve, and then maintain, maximum returns to the operation while utilizing proper animal and agronomic husbandry practices. The image of the farm in the community is paramount when considering the practices to be used.
- Strong attention is paid to:
- the awareness of clients goals and objectives in owning farm property.
- encouraging farm clients to annually tour the farm.
- supplying monthly narrative reports with applicable news and comment.
- reviewing lease types and cash flow analysis with the client.
- detailed work with the federal agencies to determine the best practices.
- rewarding soil and water conservation practices.
- timely grain marketing where applicable.
All of these issues are addressed in the farm management plan, a report prepared for the client when the farm is put under management.
