The University of Missouri Extension is asking land owners and tenants to complete the 2024 Missouri Rental Rate Survey. Landowners lease roughly 35% of Missouri crop, pasture, and woodland acreage to renters every year. Rented acreage has increased in recent years as more land has transitioned to the next generation, interest rates have incentivized land investments and interest in carbon markets and working land conservation has developed.
To provide information that Missourians can use when negotiating land rental rates, University of Missouri researchers invite Missouri landowners, farmers, ranchers, and hunters to participate in the 2024 Missouri rental rate survey.
Ben Brown, extension economist with the University of Missouri’s Food and Agricultural Policy Research Institute says “Every producer wants to know three things: what the weather is going to do, the future price of grain or livestock and what is the going rate for land.” Brown says this assessment helps with the latter, “Our job at University of Missouri Extension is to provide information relevant to today’s farm managers, hunters, ranchers, and landowners. We are able to do that through the cooperation of Missourians who participate in projects such as this Missouri rental rate survey.”
You can complete the anonymous survey in 5 to 10 minutes. To participate electronically, go to https://bit.ly/MORentalRates. If you’d rather respond to the survey on paper, then visit your local MU Extension Center to pick up a paper copy.
