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Extension > Agricultural Business Management News > CFFM releases a new, improved web version of FairRent

Thursday, September 4, 2014

CFFM releases a new, improved web version of FairRent

Land rent negotiations are going to be very challenging this year. At current commodity prices it is going to be very important for producers to know their costs and look at options to limit downside risk. The Center for Farm Financial Management, University of Minnesota has just released a tool to help producers and landlords evaluate alternative land rental arrangements. FairRent for the Web is a new and improved web version of the FairRent desktop software that CFFM has distributed for over 20 years.

The new web version of FairRent includes the option to evaluate seven different flex lease options as well as traditional cash rent and share rental returns. Another improvement is the inclusion of crop insurance in the analysis to show how insurance limits downside risk.

FairRent is free to use. Just sign up at https://fairrent.umn.edu/ and begin creating rental plans. Also, check out FINBIN, a great source of information of crop production costs for your rental plans.


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