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A Team Approach to Teaching Farm Leases

A Team Approach to Teaching Farm Leases. Mary Sobba MU Extension Ag Business Specialist (573) 581-3231 sobbam@missouri.edu. Project Team Ag Business Specialists. Darla Campbell Karisha Devlin Joe Koenen Wayne Prewitt Mary Sobba. Project Team Ag Business Specialists. Darla Campbell

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A Team Approach to Teaching Farm Leases

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  1. A Team Approach to Teaching Farm Leases Mary Sobba MU Extension Ag Business Specialist (573) 581-3231 sobbam@missouri.edu

  2. Project Team Ag Business Specialists Darla Campbell Karisha Devlin Joe Koenen Wayne Prewitt Mary Sobba

  3. Project Team Ag Business Specialists Darla Campbell Karisha Devlin Joe Koenen Wayne Prewitt Mary Sobba

  4. Need for Education Confusion with other states Many calls asking questions Large number of verbal leases Increase in acres rented Value ($$$) of leases

  5. Reality of Situation # of Extension Specialists not increasing any time soon The few new specialists still learning Current specialists covering more counties – time is precious Travel budgets tight

  6. Method of Teaching Interactive TV - also called ITV Multiple sites Ag Business Specialist at each site Partnering with schools to use facilities Multiple instructors

  7. Advantages Share Resources Share Teaching load Share Advertising Share Paperwork / Reporting

  8. Workshop Details 3 hour program PowerPoints shown @ ea. site, so instructor could be seen Handouts responsibility of ea. site Fees collected at each sit $15 ea. or $25 / family

  9. Topics Included Current Cash Rent in Missouri and Trends Specific Items to Include in a Lease Terminating Farm Leases Livestock / Crop Share Arrangements Recreational Leases

  10. Topic # 1Current Cash Rent in Missouri and Trends Traditional Rules of Thumb Discussion of Crop Share Agreements Land Values Current Farm Rental Guides

  11. Topic # 2Specific Items to Include in a Lease Five Essential Items Names & Descriptions Terms Rates & Arrangements Right of Entry Signature Additional Recommended Items

  12. Topic # 3Terminating Farm Leases Missouri has a written law on Oral leases Missouri is different than surrounding states 50% of Leases in Missouri are verbal Details of how to terminate verbal leases.

  13. Topic # 4Livestock / Crop Share Arrangements Common Share Agreements – who pays what Advantages & Disadvantages Incentives Considerations – Death loss, disaster

  14. Topic # 5Recreational Leases Hunting is Big Business - $975 m spent annually to rent hunting land Fishing & Wildlife Watching is also a business Liability Issues Advantages & Disadvantages Factors Determining a Lease Price

  15. Evaluations Short – one page Ask if ITV programs effective List 3 things they learned Actions they plan to take as a result of this program

  16. Evaluations 98% said ITV effective 83% understand termination 84% know where to find help and lease forms Many responses listed in things learned Many plan to check leases to makes sure they have essential items.

  17. Numbers 2008-09 - 3 sessions 181 participants (12 sites) 2009-10 - 1 session 46 participants (3 sites)

  18. Summary Allowed us to reach audiences difficult to reach Capitalize on knowledge and expertise of specialists Participants did not mind ITV method Shared the teaching load Plan to offer again this winter!

  19. Questions and Comments are welcomed. Mary Sobba MU Extension Ag Business Specialist (573) 581-3231 sobbam@missouri.edu

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