Expert makes case for cash rent caution

摘要

YOU should consider higher costs and additional risk when negotiating 2008 cash rents. That finding comes from a study by Gary Schnitkey, a University of Illinois Extension economist. "Increased risk during the upcoming year suggests caution in increasing cash rents," says Schnitkey. "Much larger farmer margins will need to be in place for similar risk levels as compared to the 2001-05 period."