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Well the most common question that calls into the office about leasing is what#39’s a reasonable rent, and how down determine a reasonable rent? So Think a lot of things go into that, we'begot our rental rate survey, which is kind of a starting point, so producers can take a look at what others are paying and that gives us a place to start with, but we probably have to step back and take a look at what#39’s the productivity of this farm. And so their#39’s two places Like to go to look for getting an indication of productivity. The first is the Web Soil Survey which is the ARCS website that has the corn suitability rating index. You go inhere and actually map out your field sand draw the area around your fields and take what a look at the CSR rating is for that particular area not next 40acres or 80 acres. And the other thing Like to do is I like to go into the Or tho GIS website and take a look at satellite pictures. So we basically got a picture for every year the growing season. One is usually a natural light the other ones usually in infrared. If I go and take look at those fields and say okay do Have ponding issues, do I have flooding issues, do I have erosion issues. And it'kind of neat if you've got the ability to lay the two side by side you can seethe soil maps you can see the soils and look for example the Prairie Pothole region, you have the Kobold's that have a soil number six, you can look on the Orthotic website and see okay did that spot drowned out? And that gives me really a good idea about drainage, you know. So soils are important but their#39;SA lot of other factors that go into playing determining with the rent might be, field size, field shape, drainage is a big issue forNorth-Central Iowa. And so that#39’s how Take a look at okay I've got a starting point with the survey but really what'been going on out there in that field for the last five to ten years. And Think that we move forward to producers are going to take a look at these combine yield monitor maps and all of this big data that#39’s available, and they're going to start to take a look Tokay, I got an idea about productivity, now where my nonprofit? Ok and you can Beadle to produce be able to market. And Sopwith these prices its more difficult to-do the marketing that we've had in the past. So I think producers are going to start to take a look at okay, what's teetotal productivity of this farm andwhat'’s my profit? So that's kind of how Think we need to sit down and take look at where do we need to be with rent sand how do we determine a reasonable rent. Thesis Kelvin Lei bold, area farm management field specialist with ISU Extension.
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