Article: Flex Rents Need to Benefit Both Parties
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
In this post, we discuss the cyclical tendencies of commodity businesses. Today's farm needs to try to look beyond the recent past when making farm business decisions. A key aspect of this is finding a system that allows producer's to focus on their bottom line instead of market predictions.Read More »
In this blog post, we discuss the dangers of exotic grain marketing contracts. They often sound great on the day they are presented to producers but they come with a lot uncertainty. This uncertainty can lead to producers passing up profitable grain marketing opportunities. Remember, there's no free lunch in grain marketing.Read More »