38 min
The Legalities of Land: A Guide to Ag Leasing - RDA Episode 302 Red Dirt Agronomy Podcast
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- How To
Crop Update and Agricultural Insights
The discussion provided an update on wheat crops, noting that due to recent moisture, there has been some of the best statewide fall grazing in years. The grain-only wheat got in timely with good stands, but late zone wheat is still small. There was advice given on nitrogen application timing for different types of wheat crops, emphasizing waiting until after cold weather passes before applying enriched strips or top dressing.
There was also mention of potential damage to canola due to unusually warm weather followed by freeze flashes. Concerns were raised about larger canola plants being more susceptible to damage. However, no concerns were expressed regarding wheat as it had hardened off sufficiently.
Input Costs and Weather Impact
The conversation touched upon input costs not being as steep as in the past and how recent rainfall could make this year advantageous for investing in inputs. However, concerns were raised about pond levels and subsoil moisture not fully rebuilding everywhere despite timely rains.
Nutrient Mobilization and Soil Management
Discussion around nutrient mobilization included how fall-applied nitrogen would have converted to nitrate before October due to soil temperatures. The importance of understanding how nutrients move through soil profiles and affect crop coloration was highlighted.
Agricultural Economics and Leasing Agreements
Dr. Shannon Ferrell from Oklahoma State University joined the conversation to discuss agricultural economics, particularly focusing on leasing agreements. He emphasized the importance of written leases over oral agreements dating back decades.
Leases should be clear about parties involved, property description, occupancy terms, rent details, production systems used, responsibilities for inputs and conservation practices.
Trends towards longer-term leases were noted along with shifts towards cash rent over traditional methods due to landowners' preference for predictable income streams.
The concept of hybrid lease forms that capture variability in yield or commodity prices was introduced.
Farm transition planning was discussed as a critical aspect of multigenerational farm operations where clear communication between generations is key for successful land management.
In conclusion, Dr. Ferrell stressed the value of having detailed written agreements for agricultural leases and encouraged recording these leases in county land records for public notice purposes. He also recommended mediation over litigation for resolving disputes due to its cost-effectiveness and ability to control outcomes through negotiation rather than court decisions.
Crop Update and Agricultural Insights
The discussion provided an update on wheat crops, noting that due to recent moisture, there has been some of the best statewide fall grazing in years. The grain-only wheat got in timely with good stands, but late zone wheat is still small. There was advice given on nitrogen application timing for different types of wheat crops, emphasizing waiting until after cold weather passes before applying enriched strips or top dressing.
There was also mention of potential damage to canola due to unusually warm weather followed by freeze flashes. Concerns were raised about larger canola plants being more susceptible to damage. However, no concerns were expressed regarding wheat as it had hardened off sufficiently.
Input Costs and Weather Impact
The conversation touched upon input costs not being as steep as in the past and how recent rainfall could make this year advantageous for investing in inputs. However, concerns were raised about pond levels and subsoil moisture not fully rebuilding everywhere despite timely rains.
Nutrient Mobilization and Soil Management
Discussion around nutrient mobilization included how fall-applied nitrogen would have converted to nitrate before October due to soil temperatures. The importance of understanding how nutrients move through soil profiles and affect crop coloration was highlighted.
Agricultural Economics and Leasing Agreements
Dr. Shannon Ferrell from Oklahoma State University joined the conversation to discuss agricultural economics, particularly focusing on leasing agreements. He emphasized the importance of written leases over oral agreements dating back decades.
Leases should be clear about parties involved, property description, occupancy terms, rent details, production systems used, responsibilities for inputs and conservation practices.
Trends towards longer-term leases were noted along with shifts towards cash rent over traditional methods due to landowners' preference for predictable income streams.
The concept of hybrid lease forms that capture variability in yield or commodity prices was introduced.
Farm transition planning was discussed as a critical aspect of multigenerational farm operations where clear communication between generations is key for successful land management.
In conclusion, Dr. Ferrell stressed the value of having detailed written agreements for agricultural leases and encouraged recording these leases in county land records for public notice purposes. He also recommended mediation over litigation for resolving disputes due to its cost-effectiveness and ability to control outcomes through negotiation rather than court decisions.
38 min