Update: this articled linked to below is a bit dated but the message is as relevent as ever!
I gave a presentation on flex rent contracts awhile back for the Northwest Farm Managers Association annual meeting.
Rather than copy and pasting the article that summarized by thoughts, check it out here: https://www.grandforksherald.com/news/4212416-consultant-flex-rent-deals-must-benefit-landowner-operator
Flex rents will never be the majority of farm rent contracts, but they can be mutually-beneficial and should definitely be considered by farmers and landlords alike.
Here’s another article we’ve writted on flex rent contracts: https://www.harvestprofit.com/blog/revisiting-flexible-farm-rents
Nick Horob
Passionate about farm finances, software, and assets that produce cash flow (oil wells/farmland/rentals). U of MN grad.
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