Post-drought pasture leasing tips

Farmland leasing and negotiating land rental rates can sometimes rival walking a tightrope. Get too far out of balance one way or another, and sometimes a deal can completely fall apart. But, that's not just true with land for cultivation. Especially in a year following drought, the structure of and prices involved in pasture leases can be a moving target, especially when the feed value of the grassland may not be known until well into the grazing season. Reaching a fair deal for both parties takes a lot of flexibility and communication in a year like this. Even then, it's not easy. Here are some tips for post-drought pasture leasing.