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NCFMEC-03A Pasture Lease Reviewed 2011 For additional information see NCFMEC-03 Pasture Rental Arrangements for your Farm. This lease entered into this day of 20 owner of between Address spouse of hereafter known as the landlord and operator of I. Property Description The landowner hereby leases to the operator to occupy and use for agricultural and related purposes the following described property consisting of approximately acres situated in County Counties landlord may designate by...

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Hi I'm Kevin do better extension agricultural economist at Kansas State University and this short video is to try to answer some questions that we frequently receive regarding crop land leases one of the questions we often get is what percentage of the crop should I receive in a crop Charlie we recognize that many areas of the country people are moving to more and more cash rents, but there's still a lot of crops she releases especially here in Kansas and with the recent volatility and crop prices we might actually see trend towards moving back towards more crop share well the basic principle that we used to answer this question is the fact that we expect returns should be split proportionately to how inputs are contributed so in that case if I as the landowner contribute forty percent of the expenses I should get forty percent of income and this is what we refer to as an equitable lease well in order to find out what these percentages are this requires us to build a budget for each crop that's growing on the land they didn't identify who provides each of the inputs whether it's the landowner well it's a tenant or whether it's shared so this principle that says we'll split the income in the same way as we contribute the expenses once again is referred to as an equitable crop share percentage this is discussed in much more detail in the crop share elements for your farm publication CFM eco2 which is found on the AG lease 101 websites this also is covered in a spreadsheet that we have here at Kansas State University called CSU leases a number of universities have other decision tools work to help you go through the process of identifying the inputs basically the crop budgets to decide what contributions are being provided by both parties a second question we often get in regard to crop share leases is which inputs should be shared should we share herbicides should we share fertilizer things of that nature our general recommendation would be that any inputs that follow what we would call a yield increasing type of relationship should be shared as this promotes the optimal economical use of that input beyond that it really is up to the landowner tenant to simply negotiate which inputs they want to share so we do have recommendations for some inputs other than that is strictly a negotiation between the landowner intent however a couple of things to keep in mind as we change which inputs are shared this might change the relative risk for example if I'm providing fuel and there's a lot of variability in fuel prices that changes a relative risk for me as opposed to the other party but the mother the other important point is that if the lease is to remain equitable it doesn't really matter who pays the input so long as they're compensated that's my general recommendation is I have no problem if a landowner pays or doesn't pay for specific inputs but whoever pays it needs to make sure they're compensated once again this is also discussed further in the...

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What is ncfmec?

The ncfmec stands for National Customs Foreign Trade Declaration.

Who is required to file ncfmec?

Any individual or entity engaged in foreign trade activities is required to file ncfmec.

How to fill out ncfmec?

Ncfmec can be filled out online through the customs portal or submitted physically at the customs office.

What is the purpose of ncfmec?

The purpose of ncfmec is to gather information about foreign trade activities for customs and statistical purposes.

What information must be reported on ncfmec?

Information such as goods being imported or exported, their value, origin, destination, and other relevant details must be reported on ncfmec.