Comparing flexible cash rent leases to crop share and fixed cash rent leases

Increasing cash rents and volatility of returns have led landlords and tenants to explore alternative types of farmland leases. The objective of this thesis is to understand how flexible cash rent leases, fixed cash rent leases and crop share leases influence the sharing of returns from corn and soybean production between landlord and tenant. A representative farm of west central Indiana was used to explore the distribution of tenant net returns and landlord gross rents under varying lease terms